Falcon Wealth Planning raised its position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) by 12.3% during the first quarter, HoldingsChannel.com reports. The firm owned 2,368,640 shares of the company’s stock after buying an additional 259,309 shares during the quarter. PIMCO Multi Sector Bond Active ETF makes up approximately 4.2% of Falcon Wealth Planning’s holdings, making the stock its 7th largest holding. Falcon Wealth Planning’s holdings in PIMCO Multi Sector Bond Active ETF were worth $62,058,000 at the end of the most recent reporting period.
Several other hedge funds also recently bought and sold shares of the company. Cornerstone Financial Management LLC purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF during the 4th quarter worth about $28,000. Networth Advisors LLC bought a new stake in shares of PIMCO Multi Sector Bond Active ETF in the 4th quarter valued at approximately $34,000. O Shaughnessy Asset Management LLC acquired a new position in PIMCO Multi Sector Bond Active ETF in the fourth quarter worth approximately $34,000. Legacy Wealth Managment LLC ID acquired a new position in PIMCO Multi Sector Bond Active ETF in the fourth quarter worth approximately $42,000. Finally, JFS Wealth Advisors LLC acquired a new position in PIMCO Multi Sector Bond Active ETF in the fourth quarter worth approximately $51,000.
PIMCO Multi Sector Bond Active ETF Stock Up 0.1%
Shares of PYLD opened at $26.52 on Friday. The firm’s 50 day moving average price is $26.41 and its 200 day moving average price is $26.56. PIMCO Multi Sector Bond Active ETF has a twelve month low of $25.92 and a twelve month high of $27.04.
About PIMCO Multi Sector Bond Active ETF
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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