Parr Mcknight Wealth Management Group LLC boosted its stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) by 15.9% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 288,835 shares of the company’s stock after purchasing an additional 39,574 shares during the period. PIMCO Multi Sector Bond Active ETF comprises approximately 1.0% of Parr Mcknight Wealth Management Group LLC’s portfolio, making the stock its 22nd largest position. Parr Mcknight Wealth Management Group LLC owned 0.06% of PIMCO Multi Sector Bond Active ETF worth $7,567,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Cornerstone Financial Management LLC purchased a new position in shares of PIMCO Multi Sector Bond Active ETF during the fourth quarter worth $28,000. GHP Investment Advisors Inc. purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF in the 1st quarter valued at $32,000. Networth Advisors LLC purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF in the 4th quarter valued at $34,000. O Shaughnessy Asset Management LLC acquired a new position in PIMCO Multi Sector Bond Active ETF during the 4th quarter worth about $34,000. Finally, Legacy Wealth Managment LLC ID acquired a new position in PIMCO Multi Sector Bond Active ETF during the 4th quarter worth about $42,000.
PIMCO Multi Sector Bond Active ETF Stock Performance
Shares of PIMCO Multi Sector Bond Active ETF stock opened at $26.30 on Monday. The business has a 50-day moving average of $26.38 and a 200 day moving average of $26.54. PIMCO Multi Sector Bond Active ETF has a 12 month low of $25.92 and a 12 month 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.
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