Means Investment CO. Inc. bought a new position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 330,316 shares of the company’s stock, valued at approximately $8,387,000. PIMCO Multi Sector Bond Active ETF accounts for 0.6% of Means Investment CO. Inc.’s portfolio, making the stock its 28th largest holding.
Other institutional investors and hedge funds also recently modified their holdings of the company. Landmark Wealth Management LLC raised its holdings in PIMCO Multi Sector Bond Active ETF by 68.8% in the third quarter. Landmark Wealth Management LLC now owns 490,426 shares of the company’s stock worth $12,452,000 after purchasing an additional 199,846 shares during the period. Johnson & White Wealth Management LLC boosted its position in shares of PIMCO Multi Sector Bond Active ETF by 18.8% during the third quarter. Johnson & White Wealth Management LLC now owns 551,041 shares of the company’s stock worth $13,991,000 after purchasing an additional 87,146 shares in the last quarter. M Holdings Securities Inc. acquired a new position in shares of PIMCO Multi Sector Bond Active ETF in the 3rd quarter valued at $412,000. Avantax Planning Partners Inc. bought a new stake in shares of PIMCO Multi Sector Bond Active ETF in the 3rd quarter valued at $302,000. Finally, Brighton Jones LLC bought a new stake in shares of PIMCO Multi Sector Bond Active ETF in the 3rd quarter valued at $5,241,000.
PIMCO Multi Sector Bond Active ETF Price Performance
Shares of PIMCO Multi Sector Bond Active ETF stock opened at $25.65 on Monday. PIMCO Multi Sector Bond Active ETF has a 12 month low of $25.15 and a 12 month high of $26.95. The stock’s fifty day simple moving average is $25.62 and its 200 day simple moving average is $26.22.
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.
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