Western Wealth Management LLC Increases Stock Holdings in PIMCO Multi Sector Bond Active ETF $PYLD

Western Wealth Management LLC increased its position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 96.0% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 173,183 shares of the company’s stock after acquiring an additional 84,825 shares during the quarter. Western Wealth Management LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $4,537,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Goldman Sachs Group Inc. bought a new stake in PIMCO Multi Sector Bond Active ETF during the 1st quarter worth approximately $297,000. Jane Street Group LLC bought a new position in PIMCO Multi Sector Bond Active ETF in the 1st quarter valued at $3,541,000. Cetera Investment Advisers purchased a new position in shares of PIMCO Multi Sector Bond Active ETF during the 2nd quarter valued at $261,000. JPMorgan Chase & Co. grew its position in shares of PIMCO Multi Sector Bond Active ETF by 66.2% during the 2nd quarter. JPMorgan Chase & Co. now owns 56,265 shares of the company’s stock valued at $1,493,000 after purchasing an additional 22,411 shares in the last quarter. Finally, Raymond James Financial Inc. increased its holdings in shares of PIMCO Multi Sector Bond Active ETF by 73.7% in the second quarter. Raymond James Financial Inc. now owns 2,749,163 shares of the company’s stock worth $72,963,000 after purchasing an additional 1,166,083 shares during the period.

PIMCO Multi Sector Bond Active ETF Stock Up 0.2%

PIMCO Multi Sector Bond Active ETF stock opened at $26.20 on Friday. PIMCO Multi Sector Bond Active ETF has a fifty-two week low of $25.92 and a fifty-two week high of $27.04. The firm’s fifty day moving average price is $26.35 and its 200-day moving average price is $26.48.

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.