PIMCO Multi Sector Bond Active ETF $PYLD Stock: Prime Capital Investment Advisors LLC Increases Stake

Prime Capital Investment Advisors LLC lifted its position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 4.8% during the 3rd quarter, Holdings Channel.com reports. The firm owned 1,815,642 shares of the company’s stock after purchasing an additional 83,058 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $46,099,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of PYLD. Mather Group LLC. acquired a new position in shares of PIMCO Multi Sector Bond Active ETF in the third quarter valued at $30,000. GHP Investment Advisors Inc. acquired a new stake in PIMCO Multi Sector Bond Active ETF during the first quarter worth $32,000. Cedar Mountain Advisors LLC acquired a new stake in PIMCO Multi Sector Bond Active ETF during the second quarter worth $38,000. PNC Financial Services Group Inc. increased its holdings in 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 valued at $39,000 after buying an additional 1,325 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new stake in PIMCO Multi Sector Bond Active ETF in the 3rd quarter valued at $45,000.

PIMCO Multi Sector Bond Active ETF Trading Up 0.1%

Shares of PYLD stock traded up $0.01 during mid-day trading on Tuesday, reaching $25.41. The company’s stock had a trading volume of 3,104,321 shares, compared to its average volume of 4,346,442. PIMCO Multi Sector Bond Active ETF has a 1-year low of $25.15 and a 1-year high of $27.04. The firm’s 50-day moving average is $25.79 and its two-hundred day moving average is $26.15.

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.