943,528 Shares in PIMCO Multi Sector Bond Active ETF $PYLD Bought by Welch Group LLC

Welch Group LLC bought a new position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund bought 943,528 shares of the company’s stock, valued at approximately $23,956,000. Welch Group LLC owned 0.14% of PIMCO Multi Sector Bond Active ETF at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in PYLD. Mather Group LLC. acquired a new stake in PIMCO Multi Sector Bond Active ETF in the third quarter valued at $30,000. Manchester Capital Management LLC acquired a new position in shares of PIMCO Multi Sector Bond Active ETF during the 3rd 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 worth $38,000. PNC Financial Services Group Inc. increased its holdings in shares of PIMCO Multi Sector Bond Active ETF by 757.1% in the 1st quarter. PNC Financial Services Group Inc. now owns 1,500 shares of the company’s stock valued at $39,000 after purchasing an additional 1,325 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of PIMCO Multi Sector Bond Active ETF in the 3rd quarter valued at about $45,000.

PIMCO Multi Sector Bond Active ETF Stock Performance

Shares of NYSEARCA PYLD opened at $25.63 on Monday. PIMCO Multi Sector Bond Active ETF has a 52 week low of $25.15 and a 52 week high of $26.95. The firm has a 50-day moving average price of $25.68 and a 200 day moving average price of $26.26.

About PIMCO Multi Sector Bond Active ETF

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.