PIMCO Multi Sector Bond Active ETF $PYLD is Advance Capital Management Inc.’s 5th Largest Position

Advance Capital Management Inc. increased its stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 44.7% in the 1st quarter, HoldingsChannel reports. The firm owned 7,109,897 shares of the company’s stock after purchasing an additional 2,195,875 shares during the period. PIMCO Multi Sector Bond Active ETF makes up 7.1% of Advance Capital Management Inc.’s investment portfolio, making the stock its 5th biggest position. Advance Capital Management Inc.’s holdings in PIMCO Multi Sector Bond Active ETF were worth $186,279,000 at the end of the most recent quarter.

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

PIMCO Multi Sector Bond Active ETF Stock Up 0.1%

Shares of NYSEARCA:PYLD opened at $26.41 on Tuesday. The firm’s 50 day moving average price is $26.39 and its 200 day moving average price is $26.55. PIMCO Multi Sector Bond Active ETF has a fifty-two week low of $25.92 and a fifty-two week 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.