Hedeker Wealth LLC Lowers Stock Position in PIMCO Multi Sector Bond Active ETF $PYLD

Hedeker Wealth LLC lessened its holdings in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 9.4% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 277,901 shares of the company’s stock after selling 28,760 shares during the period. PIMCO Multi Sector Bond Active ETF accounts for approximately 1.4% of Hedeker Wealth LLC’s holdings, making the stock its 27th biggest position. Hedeker Wealth LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $7,370,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of PYLD. Cornerstone Financial Management LLC bought a new stake in PIMCO Multi Sector Bond Active ETF during the fourth quarter worth about $28,000. GHP Investment Advisors Inc. bought a new position in shares of PIMCO Multi Sector Bond Active ETF during the first quarter valued at approximately $32,000. O Shaughnessy Asset Management LLC purchased a new position in shares of PIMCO Multi Sector Bond Active ETF during the fourth quarter valued at approximately $34,000. Cedar Mountain Advisors LLC purchased a new position in shares of PIMCO Multi Sector Bond Active ETF during the second quarter valued at approximately $38,000. Finally, PNC Financial Services Group Inc. boosted its position in shares of PIMCO Multi Sector Bond Active ETF by 757.1% in the 1st quarter. PNC Financial Services Group Inc. now owns 1,500 shares of the company’s stock worth $39,000 after purchasing an additional 1,325 shares in the last quarter.

PIMCO Multi Sector Bond Active ETF Price Performance

Shares of PYLD opened at $26.00 on Wednesday. The business’s 50 day moving average price is $26.20 and its 200-day moving average price is $26.35. 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.