Money Concepts Capital Corp Acquires New Shares in PIMCO Multi Sector Bond Active ETF $PYLD

Money Concepts Capital Corp bought a new position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) during the 3rd quarter, Holdings Channel.com reports. The fund bought 179,931 shares of the company’s stock, valued at approximately $4,568,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of PYLD. Schuylkill Financial LLC bought a new stake in PIMCO Multi Sector Bond Active ETF in the 2nd quarter valued at $3,211,000. Landmark Wealth Management LLC lifted its stake in PIMCO Multi Sector Bond Active ETF by 68.8% in the 3rd quarter. Landmark Wealth Management LLC now owns 490,426 shares of the company’s stock worth $12,452,000 after purchasing an additional 199,846 shares in the last quarter. MW Advisory LLC purchased a new stake in PIMCO Multi Sector Bond Active ETF in the 2nd quarter worth $1,688,000. Capital Analysts LLC lifted its stake in PIMCO Multi Sector Bond Active ETF by 57.1% in the 2nd quarter. Capital Analysts LLC now owns 343,523 shares of the company’s stock worth $9,110,000 after purchasing an additional 124,804 shares in the last quarter. Finally, Hutchens & Kramer Investment Management Group LLC boosted its holdings in shares of PIMCO Multi Sector Bond Active ETF by 13.3% during the 2nd quarter. Hutchens & Kramer Investment Management Group LLC now owns 875,246 shares of the company’s stock valued at $23,212,000 after purchasing an additional 102,574 shares during the last quarter.

PIMCO Multi Sector Bond Active ETF Price Performance

PYLD opened at $25.42 on Friday. The firm has a 50-day simple moving average of $25.57 and a two-hundred day simple moving average of $26.20. PIMCO Multi Sector Bond Active ETF has a 52 week low of $25.15 and a 52 week high of $26.95.

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.