Advocacy Wealth Management LLC boosted its position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) by 8.8% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,589,907 shares of the company’s stock after acquiring an additional 289,517 shares during the period. PIMCO Multi Sector Bond Active ETF comprises 4.0% of Advocacy Wealth Management LLC’s investment portfolio, making the stock its 6th biggest holding. Advocacy Wealth Management LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $95,779,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in PYLD. Networth Advisors LLC acquired a new position in PIMCO Multi Sector Bond Active ETF during the 4th quarter worth approximately $34,000. O Shaughnessy Asset Management LLC acquired a new position in PIMCO Multi Sector Bond Active ETF during the 4th quarter worth approximately $34,000. Legacy Wealth Managment LLC ID acquired a new position in shares of PIMCO Multi Sector Bond Active ETF in the 4th quarter valued at $42,000. JFS Wealth Advisors LLC acquired a new position in shares of PIMCO Multi Sector Bond Active ETF in the 4th quarter valued at $51,000. Finally, GGM Financials LLC acquired a new position in shares of PIMCO Multi Sector Bond Active ETF in the 4th quarter valued at $54,000.
PIMCO Multi Sector Bond Active ETF Stock Performance
Shares of PIMCO Multi Sector Bond Active ETF stock opened at $26.24 on Tuesday. The company has a fifty day simple moving average of $26.37 and a 200-day simple moving average of $26.60. PIMCO Multi Sector Bond Active ETF has a 12-month low of $25.92 and a 12-month 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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