PIMCO Multi Sector Bond Active ETF $PYLD Shares Purchased by Apollon Wealth Management LLC

Apollon Wealth Management LLC boosted its stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 5.2% during the first quarter, HoldingsChannel reports. The institutional investor owned 1,857,495 shares of the company’s stock after buying an additional 91,897 shares during the quarter. PIMCO Multi Sector Bond Active ETF comprises approximately 0.8% of Apollon Wealth Management LLC’s portfolio, making the stock its 29th biggest holding. Apollon Wealth Management LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $48,666,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of PYLD. Cornerstone Financial Management LLC acquired a new stake in PIMCO Multi Sector Bond Active ETF during the 4th quarter worth $28,000. GHP Investment Advisors Inc. purchased a new position in shares of PIMCO Multi Sector Bond Active ETF in the first quarter worth about $32,000. Networth Advisors LLC acquired a new position in PIMCO Multi Sector Bond Active ETF during the fourth quarter worth about $34,000. O Shaughnessy Asset Management LLC acquired a new position in PIMCO Multi Sector Bond Active ETF during the fourth quarter worth about $34,000. Finally, Legacy Wealth Managment LLC ID purchased a new stake in PIMCO Multi Sector Bond Active ETF during the 4th quarter valued at about $42,000.

PIMCO Multi Sector Bond Active ETF Price Performance

Shares of NYSEARCA PYLD opened at $26.55 on Monday. PIMCO Multi Sector Bond Active ETF has a 12-month low of $25.92 and a 12-month high of $27.04. The company has a 50-day moving average of $26.41 and a 200 day moving average of $26.56.

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.