MJP Associates Inc. ADV Makes New Investment in PIMCO Multi Sector Bond Active ETF $PYLD

MJP Associates Inc. ADV bought a new position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) during the 4th quarter, Holdings Channel reports. The institutional investor bought 415,813 shares of the company’s stock, valued at approximately $11,094,000. PIMCO Multi Sector Bond Active ETF comprises approximately 1.4% of MJP Associates Inc. ADV’s investment portfolio, making the stock its 14th biggest position.

Other hedge funds have also added to or reduced their stakes in the company. Networth Advisors LLC bought a new stake in PIMCO Multi Sector Bond Active ETF in the fourth quarter worth $34,000. Legacy Wealth Managment LLC ID purchased a new position in shares of PIMCO Multi Sector Bond Active ETF in the fourth quarter worth $42,000. JFS Wealth Advisors LLC purchased a new position in shares of PIMCO Multi Sector Bond Active ETF in the fourth quarter worth $51,000. GGM Financials LLC purchased a new position in shares of PIMCO Multi Sector Bond Active ETF in the fourth quarter worth $54,000. Finally, Texas Capital Bancshares Inc TX purchased a new position in shares of PIMCO Multi Sector Bond Active ETF in the third quarter worth $67,000.

PIMCO Multi Sector Bond Active ETF Stock Performance

PYLD stock opened at $26.23 on Thursday. PIMCO Multi Sector Bond Active ETF has a 1-year low of $25.91 and a 1-year high of $27.04. The business has a fifty day moving average price of $26.35 and a 200-day moving average price of $26.63.

PIMCO Multi Sector Bond Active ETF Company 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.