Brick & Kyle Associates acquired a new position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) in the 3rd quarter, Holdings Channel reports. The firm acquired 352,982 shares of the company’s stock, valued at approximately $9,474,000. PIMCO Multi Sector Bond Active ETF accounts for approximately 3.5% of Brick & Kyle Associates’ investment portfolio, making the stock its 7th largest position.
Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Mather Group LLC. bought a new stake in shares of PIMCO Multi Sector Bond Active ETF during the 3rd quarter valued at about $32,000. MTM Investment Management LLC purchased a new position in shares of PIMCO Multi Sector Bond Active ETF during the second quarter valued at about $60,000. Texas Capital Bancshares Inc TX bought a new position in PIMCO Multi Sector Bond Active ETF in the third quarter worth about $67,000. Founders Financial Alliance LLC bought a new position in PIMCO Multi Sector Bond Active ETF in the third quarter worth about $88,000. Finally, Colonial Trust Co SC purchased a new stake in PIMCO Multi Sector Bond Active ETF in the third quarter worth about $102,000.
PIMCO Multi Sector Bond Active ETF Stock Down 0.3%
PIMCO Multi Sector Bond Active ETF stock opened at $26.24 on Friday. PIMCO Multi Sector Bond Active ETF has a fifty-two week low of $25.42 and a fifty-two week high of $27.04. The stock’s 50 day simple moving average is $26.77 and its two-hundred day simple moving average is $26.78.
PIMCO Multi Sector Bond Active ETF Dividend Announcement
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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