PIMCO Multi Sector Bond Active ETF $PYLD Shares Bought by Beta Wealth Group Inc.

Beta Wealth Group Inc. increased its holdings in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 14.5% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 657,539 shares of the company’s stock after acquiring an additional 83,306 shares during the quarter. PIMCO Multi Sector Bond Active ETF comprises about 7.1% of Beta Wealth Group Inc.’s investment portfolio, making the stock its largest holding. Beta Wealth Group Inc.’s holdings in PIMCO Multi Sector Bond Active ETF were worth $17,228,000 at the end of the most recent quarter.

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

PIMCO Multi Sector Bond Active ETF Stock Performance

Shares of NYSEARCA:PYLD opened at $26.24 on Tuesday. The firm has a 50 day moving average of $26.36 and a 200-day moving average of $26.51. PIMCO Multi Sector Bond Active ETF has a 12 month low of $25.92 and a 12 month high of $27.04.

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.