Integrated Wealth Concepts LLC boosted its stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) by 14.3% during the 2nd quarter, HoldingsChannel reports. The fund owned 1,697,605 shares of the company’s stock after buying an additional 212,964 shares during the period. Integrated Wealth Concepts LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $45,020,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently modified their holdings of the business. Cornerstone Financial Management LLC bought a new stake in shares of PIMCO Multi Sector Bond Active ETF in the 4th quarter worth approximately $28,000. GHP Investment Advisors Inc. acquired a new stake in PIMCO Multi Sector Bond Active ETF during the first quarter valued at approximately $32,000. O Shaughnessy Asset Management LLC acquired a new position in shares of PIMCO Multi Sector Bond Active ETF in the 4th quarter valued at $34,000. Cedar Mountain Advisors LLC acquired a new position in shares of PIMCO Multi Sector Bond Active ETF in the 2nd quarter valued at $38,000. Finally, PNC Financial Services Group Inc. increased its stake in PIMCO Multi Sector Bond Active ETF by 757.1% in the 1st quarter. PNC Financial Services Group Inc. now owns 1,500 shares of the company’s stock worth $39,000 after purchasing an additional 1,325 shares in the last quarter.
PIMCO Multi Sector Bond Active ETF Stock Performance
NYSEARCA PYLD opened at $26.00 on Wednesday. The stock’s 50-day moving average price is $26.20 and its two-hundred day moving average price is $26.35. PIMCO Multi Sector Bond Active ETF has a 1 year low of $25.92 and a 1 year 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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