Omnitrust Wealth Management Inc bought a new position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 39,237 shares of the company’s stock, valued at approximately $1,047,000. PIMCO Multi Sector Bond Active ETF accounts for approximately 1.3% of Omnitrust Wealth Management Inc’s investment portfolio, making the stock its 20th largest holding.
A number of other institutional investors and hedge funds also recently modified their holdings of PYLD. Networth Advisors LLC acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF during the fourth quarter worth $34,000. O Shaughnessy Asset Management LLC acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF during the fourth quarter worth $34,000. Legacy Wealth Managment LLC ID acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF during the fourth quarter worth $42,000. JFS Wealth Advisors LLC acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF during the fourth quarter worth $51,000. Finally, GGM Financials LLC acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF during the fourth quarter worth $54,000.
PIMCO Multi Sector Bond Active ETF Price Performance
Shares of NYSEARCA:PYLD opened at $26.24 on Monday. PIMCO Multi Sector Bond Active ETF has a 1-year low of $25.92 and a 1-year high of $27.04. The company’s fifty day moving average is $26.37 and its two-hundred day moving average is $26.60.
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.
Further Reading
- Five stocks we like better than PIMCO Multi Sector Bond Active ETF
- These 3 Insurance Stocks Made New 52-Week Highs: Still Time to Buy?
- 3 Stocks Under $20 to Buy Before a Broader Market Rally
- Petco Faces Tough Competition, But Momentum Is Building
- The Lock-In Effect Is Real—These 3 Homebuilders Are Betting on It
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).
Receive News & Ratings for PIMCO Multi Sector Bond Active ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PIMCO Multi Sector Bond Active ETF and related companies with MarketBeat.com's FREE daily email newsletter.
