PIMCO Multi Sector Bond Active ETF $PYLD Shares Sold by Sanchez Wealth Management Group

Sanchez Wealth Management Group decreased its holdings in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 95.0% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 48,546 shares of the company’s stock after selling 913,643 shares during the quarter. PIMCO Multi Sector Bond Active ETF accounts for approximately 3.7% of Sanchez Wealth Management Group’s holdings, making the stock its 12th biggest holding. Sanchez Wealth Management Group’s holdings in PIMCO Multi Sector Bond Active ETF were worth $1,233,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Schmidt P J Investment Management Inc. acquired a new position in PIMCO Multi Sector Bond Active ETF in the third quarter worth about $573,000. Bfsg LLC boosted its holdings in PIMCO Multi Sector Bond Active ETF by 69.5% during the third quarter. Bfsg LLC now owns 119,045 shares of the company’s stock valued at $3,023,000 after purchasing an additional 48,813 shares in the last quarter. Clear Point Advisors Inc. bought a new stake in shares of PIMCO Multi Sector Bond Active ETF in the 3rd quarter valued at approximately $276,000. Kelleher Financial Advisors bought a new stake in shares of PIMCO Multi Sector Bond Active ETF in the 3rd quarter valued at approximately $35,000. Finally, Parr Mcknight Wealth Management Group LLC grew its stake in shares of PIMCO Multi Sector Bond Active ETF by 4.1% in the 3rd quarter. Parr Mcknight Wealth Management Group LLC now owns 324,570 shares of the company’s stock valued at $8,241,000 after purchasing an additional 12,910 shares during the period.

PIMCO Multi Sector Bond Active ETF Price Performance

Shares of PYLD opened at $25.64 on Thursday. PIMCO Multi Sector Bond Active ETF has a 1 year low of $25.15 and a 1 year high of $26.95. The stock has a 50 day simple moving average of $25.64 and a 200-day simple moving average of $26.24.

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.