Johnson & White Wealth Management LLC lifted its position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) by 18.8% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 551,041 shares of the company’s stock after buying an additional 87,146 shares during the quarter. PIMCO Multi Sector Bond Active ETF makes up about 5.0% of Johnson & White Wealth Management LLC’s holdings, making the stock its 2nd largest position. Johnson & White Wealth Management LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $13,991,000 at the end of the most recent quarter.
A number of other large investors have also recently added to or reduced their stakes in the business. M Holdings Securities Inc. purchased a new position in PIMCO Multi Sector Bond Active ETF during the 3rd quarter valued at about $412,000. Avantax Planning Partners Inc. acquired a new position in PIMCO Multi Sector Bond Active ETF during the third quarter worth about $302,000. Brighton Jones LLC purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF in the third quarter valued at about $5,241,000. StoneX Group Inc. purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF in the third quarter valued at about $611,000. Finally, Balentine LLC purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF in the third quarter valued at about $932,000.
PIMCO Multi Sector Bond Active ETF Stock Performance
PYLD stock opened at $25.65 on Monday. The company’s 50 day simple moving average is $25.62 and its 200-day simple moving average is $26.22. PIMCO Multi Sector Bond Active ETF has a 12 month low of $25.15 and a 12 month high of $26.95.
PIMCO Multi Sector Bond Active ETF Profile
The PIMCO Multisector Bond Active Exchange-Traded Fund (PYLD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively manages a multi-sector portfolio of fixed income instruments issued by various US and non-US public or private-sector entities. The fund has no maturity and credit rating limitations. PYLD was launched on Jun 21, 2023 and is managed by PIMCO.
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