PIMCO Multi Sector Bond Active ETF $PYLD Stake Boosted by Castle Wealth Management LLC

Castle Wealth Management LLC lifted its position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 6.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 646,663 shares of the company’s stock after acquiring an additional 39,193 shares during the quarter. PIMCO Multi Sector Bond Active ETF accounts for approximately 5.5% of Castle Wealth Management LLC’s investment portfolio, making the stock its 2nd largest holding. Castle Wealth Management LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $16,943,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the business. Cornerstone Financial Management LLC bought a new stake in shares of PIMCO Multi Sector Bond Active ETF in the 4th quarter valued at about $28,000. GHP Investment Advisors Inc. bought a new position in PIMCO Multi Sector Bond Active ETF in the first quarter worth approximately $32,000. Networth Advisors LLC purchased a new stake in PIMCO Multi Sector Bond Active ETF during the fourth quarter worth $34,000. O Shaughnessy Asset Management LLC bought a new stake in PIMCO Multi Sector Bond Active ETF during the 4th quarter valued at $34,000. Finally, Legacy Wealth Managment LLC ID purchased a new position in shares of PIMCO Multi Sector Bond Active ETF in the 4th quarter valued at $42,000.

PIMCO Multi Sector Bond Active ETF Trading Down 0.0%

Shares of PYLD traded down $0.01 during trading hours on Friday, hitting $26.30. The company had a trading volume of 3,596,746 shares, compared to its average volume of 4,000,981. PIMCO Multi Sector Bond Active ETF has a one year low of $25.92 and a one year high of $27.04. The company’s fifty day moving average price is $26.38 and its two-hundred day moving average price is $26.54.

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.