MinichMacGregor Wealth Management LLC Has $21.88 Million Position in PIMCO Multi Sector Bond Active ETF $PYLD

MinichMacGregor Wealth Management LLC boosted its holdings in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 7.5% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 834,932 shares of the company’s stock after acquiring an additional 58,538 shares during the quarter. PIMCO Multi Sector Bond Active ETF accounts for 3.9% of MinichMacGregor Wealth Management LLC’s portfolio, making the stock its 3rd biggest holding. MinichMacGregor Wealth Management LLC owned about 0.17% of PIMCO Multi Sector Bond Active ETF worth $21,875,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the business. Cornerstone Financial Management LLC purchased a new stake in PIMCO Multi Sector Bond Active ETF in the fourth quarter worth $28,000. O Shaughnessy Asset Management LLC purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF during the fourth quarter valued at $34,000. Networth Advisors LLC purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF during the fourth quarter valued at $34,000. Legacy Wealth Managment LLC ID bought a new position in shares of PIMCO Multi Sector Bond Active ETF in the fourth quarter worth about $42,000. Finally, Arax Advisory Partners bought a new position in shares of PIMCO Multi Sector Bond Active ETF in the fourth quarter worth about $51,000.

PIMCO Multi Sector Bond Active ETF Stock Up 0.2%

PYLD stock opened at $26.49 on Thursday. PIMCO Multi Sector Bond Active ETF has a 12 month low of $25.92 and a 12 month high of $27.04. The firm’s 50-day moving average is $26.41 and its 200 day moving average is $26.56.

PIMCO Multi Sector Bond Active ETF Company 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.