PIMCO Multi Sector Bond Active ETF $PYLD is Asset Advisory Group Inc.’s 9th Largest Position

Asset Advisory Group Inc. boosted its position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 20.5% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 254,064 shares of the company’s stock after purchasing an additional 43,192 shares during the period. PIMCO Multi Sector Bond Active ETF comprises 3.3% of Asset Advisory Group Inc.’s holdings, making the stock its 9th biggest holding. Asset Advisory Group Inc.’s holdings in PIMCO Multi Sector Bond Active ETF were worth $6,656,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Cornerstone Financial Management LLC bought a new stake in PIMCO Multi Sector Bond Active ETF in the fourth quarter worth about $28,000. Networth Advisors LLC bought a new position in shares of PIMCO Multi Sector Bond Active ETF during the fourth quarter valued at approximately $34,000. O Shaughnessy Asset Management LLC bought a new position in shares of PIMCO Multi Sector Bond Active ETF during the fourth quarter valued at approximately $34,000. Legacy Wealth Managment LLC ID purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF in the fourth quarter worth approximately $42,000. Finally, JFS Wealth Advisors LLC purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF in the fourth quarter worth approximately $51,000.

PIMCO Multi Sector Bond Active ETF Price Performance

Shares of PYLD stock opened at $26.46 on Friday. The stock has a 50 day moving average price of $26.41 and a 200 day moving average price of $26.57. PIMCO Multi Sector Bond Active ETF has a 52-week low of $25.92 and a 52-week high of $27.04.

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.