Beta Wealth Group Inc. lessened its position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) by 3.4% during the 4th quarter, HoldingsChannel.com reports. The fund owned 574,233 shares of the company’s stock after selling 19,955 shares during the period. PIMCO Multi Sector Bond Active ETF accounts for about 6.1% of Beta Wealth Group Inc.’s investment portfolio, making the stock its 2nd largest holding. Beta Wealth Group Inc.’s holdings in PIMCO Multi Sector Bond Active ETF were worth $15,321,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors have also recently bought and sold shares of the company. O Shaughnessy Asset Management LLC bought a new position in shares of PIMCO Multi Sector Bond Active ETF during the 4th quarter worth about $34,000. Networth Advisors LLC bought a new position in shares of PIMCO Multi Sector Bond Active ETF during the 4th quarter worth about $34,000. Legacy Wealth Managment LLC ID bought a new position in shares of PIMCO Multi Sector Bond Active ETF during the 4th quarter worth about $42,000. JFS Wealth Advisors LLC bought a new position in shares of PIMCO Multi Sector Bond Active ETF during the 4th quarter worth about $51,000. Finally, GGM Financials LLC bought a new position in shares of PIMCO Multi Sector Bond Active ETF during the 4th quarter worth about $54,000.
PIMCO Multi Sector Bond Active ETF Stock Performance
NYSEARCA:PYLD opened at $26.42 on Friday. The firm’s 50-day moving average is $26.39 and its 200-day moving average is $26.59. 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 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.
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Want to see what other hedge funds are holding PYLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report).
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