Wealthcare Advisory Partners LLC Boosts Stock Position in PIMCO Multi Sector Bond Active ETF $PYLD

Wealthcare Advisory Partners LLC lifted its stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 4.4% in the 2nd quarter, Holdings Channel.com reports. The firm owned 1,025,937 shares of the company’s stock after purchasing an additional 42,869 shares during the period. Wealthcare Advisory Partners LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $27,208,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Cornerstone Financial Management LLC purchased a new stake in PIMCO Multi Sector Bond Active ETF in the 4th quarter valued at $28,000. GHP Investment Advisors Inc. purchased a new position in shares of PIMCO Multi Sector Bond Active ETF during the 1st quarter worth $32,000. O Shaughnessy Asset Management LLC purchased a new position in shares of PIMCO Multi Sector Bond Active ETF during the 4th quarter worth $34,000. Cedar Mountain Advisors LLC acquired a new position in shares of PIMCO Multi Sector Bond Active ETF during the 2nd quarter valued at about $38,000. Finally, PNC Financial Services Group Inc. boosted its position 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 valued at $39,000 after acquiring an additional 1,325 shares during the last quarter.

PIMCO Multi Sector Bond Active ETF Price Performance

Shares of PYLD opened at $26.13 on Tuesday. PIMCO Multi Sector Bond Active ETF has a 12-month low of $25.92 and a 12-month high of $27.04. The firm has a 50-day moving average price of $26.31 and a 200 day moving average price of $26.45.

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.