PMG Wealth Management Inc. Invests $5.37 Million in PIMCO Multi Sector Bond Active ETF $PYLD

PMG Wealth Management Inc. bought a new position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) during the first quarter, Holdings Channel.com reports. The fund bought 205,848 shares of the company’s stock, valued at approximately $5,369,000. PIMCO Multi Sector Bond Active ETF comprises 3.9% of PMG Wealth Management Inc.’s portfolio, making the stock its 11th biggest holding.

Several other large investors have also recently bought and sold shares of PYLD. Aprio Wealth Management LLC increased its stake in PIMCO Multi Sector Bond Active ETF by 18.0% during the third quarter. Aprio Wealth Management LLC now owns 1,004,336 shares of the company’s stock valued at $26,956,000 after acquiring an additional 153,174 shares during the period. Stratos Wealth Partners LTD. raised its holdings in PIMCO Multi Sector Bond Active ETF by 114.0% in the 4th quarter. Stratos Wealth Partners LTD. now owns 159,965 shares of the company’s stock valued at $4,268,000 after acquiring an additional 85,219 shares in the last quarter. EverSource Wealth Advisors LLC lifted its position in shares of PIMCO Multi Sector Bond Active ETF by 22.6% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 344,006 shares of the company’s stock worth $9,233,000 after acquiring an additional 63,391 shares during the period. CarsonAllaria Wealth Management Ltd. lifted its position in shares of PIMCO Multi Sector Bond Active ETF by 9.9% in the 4th quarter. CarsonAllaria Wealth Management Ltd. now owns 240,300 shares of the company’s stock worth $6,411,000 after acquiring an additional 21,669 shares during the period. Finally, Bare Financial Services Inc grew its holdings in shares of PIMCO Multi Sector Bond Active ETF by 12.7% during the 3rd quarter. Bare Financial Services Inc now owns 539,364 shares of the company’s stock worth $14,477,000 after purchasing an additional 60,979 shares in the last quarter.

PIMCO Multi Sector Bond Active ETF Price Performance

Shares of NYSEARCA:PYLD opened at $26.44 on Wednesday. PIMCO Multi Sector Bond Active ETF has a 1-year low of $25.92 and a 1-year high of $27.04. The business’s 50 day moving average is $26.41 and its 200-day moving average is $26.56.

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.