Castle Wealth Management LLC Has $16.94 Million Position in PIMCO Multi Sector Bond Active ETF $PYLD

Castle Wealth Management LLC raised its holdings in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 6.5% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 646,663 shares of the company’s stock after acquiring an additional 39,193 shares during the quarter. PIMCO Multi Sector Bond Active ETF makes up 5.5% of Castle Wealth Management LLC’s holdings, making the stock its 2nd largest holding. Castle Wealth Management LLC owned about 0.13% of PIMCO Multi Sector Bond Active ETF worth $16,943,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Fifth Third Bancorp bought a new stake in shares of PIMCO Multi Sector Bond Active ETF during the first quarter worth $3,287,000. EQ Wealth Advisors LLC lifted its holdings in PIMCO Multi Sector Bond Active ETF by 11.4% during the 1st quarter. EQ Wealth Advisors LLC now owns 663,936 shares of the company’s stock valued at $17,395,000 after buying an additional 68,065 shares in the last quarter. Financial Connections Group Inc. boosted its position in PIMCO Multi Sector Bond Active ETF by 11.7% in the 1st quarter. Financial Connections Group Inc. now owns 40,092 shares of the company’s stock valued at $1,050,000 after buying an additional 4,200 shares during the period. Sequoia Financial Advisors LLC boosted its position in PIMCO Multi Sector Bond Active ETF by 16.2% in the 1st quarter. Sequoia Financial Advisors LLC now owns 10,994,877 shares of the company’s stock valued at $288,066,000 after buying an additional 1,535,071 shares during the period. Finally, Summa Corp. grew its stake in PIMCO Multi Sector Bond Active ETF by 53.8% in the 1st quarter. Summa Corp. now owns 20,000 shares of the company’s stock worth $524,000 after acquiring an additional 7,000 shares in the last quarter.

PIMCO Multi Sector Bond Active ETF Stock Performance

Shares of NYSEARCA:PYLD traded down $0.01 during trading on Friday, reaching $26.30. 3,596,746 shares of the company were exchanged, compared to its average volume of 4,000,981. The business’s fifty day simple moving average is $26.38 and its 200-day simple moving average is $26.54. PIMCO Multi Sector Bond Active ETF has a 12-month low of $25.92 and a 12-month high of $27.04.

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.