Cabot Wealth Management Inc. Acquires 34,114 Shares of PIMCO Multi Sector Bond Active ETF $PYLD

Cabot Wealth Management Inc. bought a new stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 34,114 shares of the company’s stock, valued at approximately $866,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Granville Capital Inc. acquired a new stake in PIMCO Multi Sector Bond Active ETF in the 3rd quarter worth about $527,000. Confluence Wealth Services Inc. lifted its position in shares of PIMCO Multi Sector Bond Active ETF by 37.5% in the third quarter. Confluence Wealth Services Inc. now owns 4,943,953 shares of the company’s stock valued at $125,527,000 after acquiring an additional 1,348,425 shares in the last quarter. Moneco Advisors LLC lifted its position in shares of PIMCO Multi Sector Bond Active ETF by 13.1% in the third quarter. Moneco Advisors LLC now owns 14,036 shares of the company’s stock valued at $356,000 after acquiring an additional 1,624 shares in the last quarter. Cornerstone Wealth Management LLC lifted its position in shares of PIMCO Multi Sector Bond Active ETF by 4.2% in the third quarter. Cornerstone Wealth Management LLC now owns 28,430 shares of the company’s stock valued at $722,000 after acquiring an additional 1,156 shares in the last quarter. Finally, D.B. Root & Company LLC boosted its stake in shares of PIMCO Multi Sector Bond Active ETF by 3.7% in the third quarter. D.B. Root & Company LLC now owns 1,369,393 shares of the company’s stock worth $34,769,000 after acquiring an additional 49,074 shares during the last quarter.

PIMCO Multi Sector Bond Active ETF Price Performance

Shares of NYSEARCA:PYLD opened at $25.54 on Thursday. The business’s 50 day moving average price is $25.59 and its 200-day moving average price is $26.21. PIMCO Multi Sector Bond Active ETF has a 1 year low of $25.15 and a 1 year 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.