PIMCO Multi Sector Bond Active ETF $PYLD Shares Bought by Modern Wealth Management LLC

Modern Wealth Management LLC grew its position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 53.4% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 106,083 shares of the company’s stock after acquiring an additional 36,932 shares during the period. Modern Wealth Management LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $2,775,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Cornerstone Financial Management LLC acquired a new stake in PIMCO Multi Sector Bond Active ETF in the fourth quarter valued at about $28,000. GHP Investment Advisors Inc. purchased a new stake in PIMCO Multi Sector Bond Active ETF in the 1st quarter valued at approximately $32,000. Networth Advisors LLC acquired a new position in PIMCO Multi Sector Bond Active ETF during the 4th quarter worth approximately $34,000. O Shaughnessy Asset Management LLC acquired a new position in PIMCO Multi Sector Bond Active ETF during the 4th quarter worth approximately $34,000. Finally, PNC Financial Services Group Inc. raised its stake in shares of PIMCO Multi Sector Bond Active ETF by 757.1% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,500 shares of the company’s stock worth $39,000 after buying an additional 1,325 shares in the last quarter.

PIMCO Multi Sector Bond Active ETF Price Performance

Shares of PYLD stock opened at $26.11 on Friday. The stock has a 50 day simple moving average of $26.35 and a 200-day simple moving average of $26.50. PIMCO Multi Sector Bond Active ETF has a 12-month low of $25.92 and a 12-month high of $27.04.

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.