Immaculate Wealth Management LLC Makes New Investment in PIMCO Multi Sector Bond Active ETF $PYLD

Immaculate Wealth Management LLC purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 79,719 shares of the company’s stock, valued at approximately $2,089,000. PIMCO Multi Sector Bond Active ETF comprises 16.5% of Immaculate Wealth Management LLC’s portfolio, making the stock its largest position.

A number of other institutional investors have also made changes to their positions in the stock. Cornerstone Financial Management LLC acquired a new position in shares of PIMCO Multi Sector Bond Active ETF in the 4th quarter worth approximately $28,000. GHP Investment Advisors Inc. purchased a new position in shares of PIMCO Multi Sector Bond Active ETF during the 1st quarter worth approximately $32,000. Networth Advisors LLC acquired a new stake in PIMCO Multi Sector Bond Active ETF in the 4th quarter valued at approximately $34,000. O Shaughnessy Asset Management LLC acquired a new stake in PIMCO Multi Sector Bond Active ETF in the 4th quarter valued at approximately $34,000. Finally, PNC Financial Services Group Inc. raised its position in PIMCO Multi Sector Bond Active ETF by 757.1% in the first 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 during the period.

PIMCO Multi Sector Bond Active ETF Price Performance

Shares of NYSEARCA PYLD opened at $26.15 on Friday. The business’s 50 day moving average is $26.34 and its two-hundred day moving average is $26.48. 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 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.