Riverchase Wealth Management LLC Increases Position in PIMCO Multi Sector Bond Active ETF $PYLD

Riverchase Wealth Management LLC boosted its stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 18.4% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 653,106 shares of the company’s stock after purchasing an additional 101,446 shares during the quarter. PIMCO Multi Sector Bond Active ETF makes up approximately 8.9% of Riverchase Wealth Management LLC’s holdings, making the stock its 3rd largest position. Riverchase Wealth Management LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $17,111,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Centennial Wealth Advisory LLC lifted its stake in PIMCO Multi Sector Bond Active ETF by 3.0% in the first quarter. Centennial Wealth Advisory LLC now owns 118,458 shares of the company’s stock valued at $3,104,000 after buying an additional 3,449 shares during the last quarter. Kercheville Advisors LLC grew its position in shares of PIMCO Multi Sector Bond Active ETF by 21.0% during the first quarter. Kercheville Advisors LLC now owns 56,330 shares of the company’s stock worth $1,476,000 after acquiring an additional 9,770 shares during the last quarter. PMG Wealth Management Inc. acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF in the 1st quarter worth about $5,369,000. Krilogy Financial LLC increased its holdings in shares of PIMCO Multi Sector Bond Active ETF by 6.0% in the 1st quarter. Krilogy Financial LLC now owns 3,746,931 shares of the company’s stock worth $99,406,000 after acquiring an additional 212,345 shares during the period. Finally, Signal Advisors Wealth LLC lifted its position in PIMCO Multi Sector Bond Active ETF by 70.7% in the 1st quarter. Signal Advisors Wealth LLC now owns 33,229 shares of the company’s stock valued at $871,000 after purchasing an additional 13,757 shares during the last quarter.

PIMCO Multi Sector Bond Active ETF Price Performance

PIMCO Multi Sector Bond Active ETF stock opened at $26.44 on Wednesday. The firm has a 50-day moving average price of $26.41 and a two-hundred day moving average price of $26.56. PIMCO Multi Sector Bond Active ETF has a 52-week low of $25.92 and a 52-week 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.