Base Wealth Management LLC grew its position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) by 21.4% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 581,147 shares of the company’s stock after acquiring an additional 102,579 shares during the quarter. PIMCO Multi Sector Bond Active ETF makes up approximately 8.5% of Base Wealth Management LLC’s holdings, making the stock its 2nd largest position. Base Wealth Management LLC owned 0.12% of PIMCO Multi Sector Bond Active ETF worth $15,226,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also made changes to their positions in the company. Cornerstone Financial Management LLC acquired a new position in PIMCO Multi Sector Bond Active ETF in the fourth quarter worth $28,000. GHP Investment Advisors Inc. acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF during the first quarter worth $32,000. 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 bought a new position in shares of PIMCO Multi Sector Bond Active ETF in the 4th quarter worth about $34,000. Finally, Legacy Wealth Managment LLC ID bought a new position in shares of PIMCO Multi Sector Bond Active ETF in the 4th quarter worth about $42,000.
PIMCO Multi Sector Bond Active ETF Stock Down 0.1%
NYSEARCA PYLD opened at $26.31 on Thursday. PIMCO Multi Sector Bond Active ETF has a one year low of $25.92 and a one year high of $27.04. The company has a 50-day simple moving average of $26.38 and a 200-day simple moving average of $26.54.
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.
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