Base Wealth Management LLC boosted its stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) by 21.4% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 581,147 shares of the company’s stock after buying an additional 102,579 shares during the period. PIMCO Multi Sector Bond Active ETF accounts for approximately 8.5% of Base Wealth Management LLC’s investment portfolio, making the stock its 2nd largest holding. Base Wealth Management LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $15,226,000 at the end of the most recent reporting period.
Other large investors have also recently added to or reduced their stakes in the company. Cornerstone Financial Management LLC bought a new stake in PIMCO Multi Sector Bond Active ETF in the 4th quarter valued at about $28,000. GHP Investment Advisors Inc. acquired a new position in PIMCO Multi Sector Bond Active ETF during the 1st quarter valued at about $32,000. O Shaughnessy Asset Management LLC bought a new position in PIMCO Multi Sector Bond Active ETF in the 4th quarter worth about $34,000. Networth Advisors LLC bought a new position in PIMCO Multi Sector Bond Active ETF in the 4th quarter worth about $34,000. Finally, Legacy Wealth Managment LLC ID acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF in the fourth quarter valued at approximately $42,000.
PIMCO Multi Sector Bond Active ETF Stock Performance
PYLD opened at $26.31 on Thursday. The stock’s 50 day moving average price is $26.38 and its 200 day moving average price is $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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