PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Get Free Report)’s stock price hit a new 52-week low on Tuesday. The company traded as low as $25.38 and last traded at $25.42, with a volume of 4488917 shares changing hands. The stock had previously closed at $25.54.
PIMCO Multi Sector Bond Active ETF Stock Performance
The firm’s 50 day moving average is $26.00 and its two-hundred day moving average is $26.23.
Institutional Trading of PIMCO Multi Sector Bond Active ETF
A number of institutional investors and hedge funds have recently made changes to their positions in PYLD. RFG Advisory LLC boosted its holdings in shares of PIMCO Multi Sector Bond Active ETF by 89.1% during the first quarter. RFG Advisory LLC now owns 620,585 shares of the company’s stock valued at $16,259,000 after acquiring an additional 292,370 shares during the period. PMG Wealth Management Inc. acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF in the 1st quarter worth about $5,369,000. WESPAC Advisors SoCal LLC increased its holdings in shares of PIMCO Multi Sector Bond Active ETF by 15.2% in the 1st quarter. WESPAC Advisors SoCal LLC now owns 385,406 shares of the company’s stock worth $10,098,000 after acquiring an additional 50,957 shares during the period. BlueChip Wealth Advisors LLC bought a new stake in PIMCO Multi Sector Bond Active ETF in the 1st quarter valued at about $1,054,000. Finally, Econ Financial Services Corp lifted its position in PIMCO Multi Sector Bond Active ETF by 33.7% in the 1st quarter. Econ Financial Services Corp now owns 315,534 shares of the company’s stock valued at $8,267,000 after purchasing an additional 79,581 shares during the last quarter.
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.
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