Journey Advisory Group LLC bought a new stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) in the first quarter, Holdings Channel reports. The fund bought 2,300,083 shares of the company’s stock, valued at approximately $60,262,000. PIMCO Multi Sector Bond Active ETF makes up approximately 5.1% of Journey Advisory Group LLC’s portfolio, making the stock its 2nd biggest position.
Several other large investors have also recently bought and sold shares of PYLD. Cornerstone Financial Management LLC acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF in the 4th quarter worth approximately $28,000. GHP Investment Advisors Inc. bought a new stake in PIMCO Multi Sector Bond Active ETF during the first quarter worth approximately $32,000. O Shaughnessy Asset Management LLC acquired a new stake in PIMCO Multi Sector Bond Active ETF in the fourth quarter worth approximately $34,000. Networth Advisors LLC acquired a new stake in PIMCO Multi Sector Bond Active ETF in the fourth quarter worth approximately $34,000. Finally, Legacy Wealth Managment LLC ID bought a new position in PIMCO Multi Sector Bond Active ETF during the 4th quarter valued at $42,000.
PIMCO Multi Sector Bond Active ETF Price Performance
PYLD opened at $26.35 on Thursday. PIMCO Multi Sector Bond Active ETF has a one year low of $25.92 and a one year high of $27.04. The stock’s fifty day moving average is $26.37 and its 200-day moving average is $26.53.
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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Want to see what other hedge funds are holding PYLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report).
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