Beta Wealth Group Inc. Has $17.23 Million Stake in PIMCO Multi Sector Bond Active ETF $PYLD

Beta Wealth Group Inc. boosted its holdings in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 14.5% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 657,539 shares of the company’s stock after buying an additional 83,306 shares during the quarter. PIMCO Multi Sector Bond Active ETF makes up approximately 7.1% of Beta Wealth Group Inc.’s investment portfolio, making the stock its largest position. Beta Wealth Group Inc. owned approximately 0.13% of PIMCO Multi Sector Bond Active ETF worth $17,228,000 at the end of the most recent quarter.

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

PIMCO Multi Sector Bond Active ETF Stock Down 0.2%

Shares of PYLD stock opened at $26.24 on Tuesday. The company has a 50-day simple moving average of $26.36 and a 200 day simple moving average of $26.51. PIMCO Multi Sector Bond Active ETF has a 52 week low of $25.92 and a 52 week 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.