Precision Wealth Strategies LLC increased its holdings in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) by 7.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 452,808 shares of the company’s stock after buying an additional 30,385 shares during the period. PIMCO Multi Sector Bond Active ETF comprises approximately 3.9% of Precision Wealth Strategies LLC’s investment portfolio, making the stock its 4th largest holding. Precision Wealth Strategies LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $11,864,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. White & Co Financial Planning Inc acquired a new stake in PIMCO Multi Sector Bond Active ETF in the 1st quarter valued at $3,381,000. Hershey Financial Advisers LLC acquired a new position in PIMCO Multi Sector Bond Active ETF during the first quarter worth $292,000. Simon Quick Advisors LLC acquired a new position in PIMCO Multi Sector Bond Active ETF during the first quarter worth $637,000. Advisortrust Partners LLC lifted its holdings in PIMCO Multi Sector Bond Active ETF by 220.2% during the first quarter. Advisortrust Partners LLC now owns 63,828 shares of the company’s stock valued at $1,672,000 after purchasing an additional 43,894 shares in the last quarter. Finally, SteelPeak Wealth LLC lifted its holdings in PIMCO Multi Sector Bond Active ETF by 512.8% during the first quarter. SteelPeak Wealth LLC now owns 128,411 shares of the company’s stock valued at $3,364,000 after purchasing an additional 107,455 shares in the last quarter.
PIMCO Multi Sector Bond Active ETF Trading Down 0.2%
Shares of NYSEARCA PYLD opened at $26.28 on Friday. The company’s 50-day simple moving average is $26.36 and its 200-day simple moving average is $26.52. PIMCO Multi Sector Bond Active ETF has a 52-week low of $25.92 and a 52-week 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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