Worth Asset Management LLC acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 73,652 shares of the company’s stock, valued at approximately $1,930,000.
Several other hedge funds have also recently modified their holdings of PYLD. Sovereign Financial Group Inc. grew its stake in PIMCO Multi Sector Bond Active ETF by 4.5% during the first quarter. Sovereign Financial Group Inc. now owns 118,229 shares of the company’s stock valued at $3,098,000 after acquiring an additional 5,098 shares in the last quarter. AdvisorNet Financial Inc lifted its stake in PIMCO Multi Sector Bond Active ETF by 33.5% in the 1st quarter. AdvisorNet Financial Inc now owns 172,847 shares of the company’s stock worth $4,529,000 after purchasing an additional 43,369 shares in the last quarter. Brookstone Capital Management lifted its stake in PIMCO Multi Sector Bond Active ETF by 29.5% in the 1st quarter. Brookstone Capital Management now owns 738,275 shares of the company’s stock worth $19,343,000 after purchasing an additional 168,157 shares in the last quarter. Sprinkle Financial Consultants LLC boosted its holdings in shares of PIMCO Multi Sector Bond Active ETF by 4.5% during the 1st quarter. Sprinkle Financial Consultants LLC now owns 113,045 shares of the company’s stock valued at $2,962,000 after purchasing an additional 4,817 shares during the last quarter. Finally, Swisher Financial Concepts Inc. boosted its holdings in shares of PIMCO Multi Sector Bond Active ETF by 13.7% during the 1st quarter. Swisher Financial Concepts Inc. now owns 21,886 shares of the company’s stock valued at $573,000 after purchasing an additional 2,632 shares during the last quarter.
PIMCO Multi Sector Bond Active ETF Stock Performance
Shares of PIMCO Multi Sector Bond Active ETF stock opened at $26.38 on Tuesday. PIMCO Multi Sector Bond Active ETF has a twelve month low of $25.92 and a twelve month high of $27.04. The business has a 50-day moving average price of $26.41 and a 200-day moving average price of $26.57.
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.
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