Soltis Investment Advisors LLC grew its holdings in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) by 1,584.2% in the third quarter, Holdings Channel.com reports. The firm owned 1,352,994 shares of the company’s stock after purchasing an additional 1,272,660 shares during the period. PIMCO Multi Sector Bond Active ETF comprises approximately 1.6% of Soltis Investment Advisors LLC’s investment portfolio, making the stock its 8th largest position. Soltis Investment Advisors LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $34,353,000 at the end of the most recent reporting period.
A number of other hedge funds also recently modified their holdings of the business. Founders Financial Securities LLC acquired a new stake in PIMCO Multi Sector Bond Active ETF during the 3rd quarter worth about $17,375,000. ERn Financial LLC grew its position in PIMCO Multi Sector Bond Active ETF by 8.1% in the third quarter. ERn Financial LLC now owns 540,381 shares of the company’s stock worth $13,720,000 after acquiring an additional 40,280 shares in the last quarter. Riverchase Wealth Management LLC boosted its holdings in PIMCO Multi Sector Bond Active ETF by 7.7% in the third quarter. Riverchase Wealth Management LLC now owns 744,802 shares of the company’s stock worth $18,911,000 after purchasing an additional 53,514 shares in the last quarter. Foundry Financial Group Inc. increased its holdings in shares of PIMCO Multi Sector Bond Active ETF by 95.6% during the 3rd quarter. Foundry Financial Group Inc. now owns 208,819 shares of the company’s stock valued at $5,302,000 after acquiring an additional 102,083 shares during the last quarter. Finally, Creative Capital Management Investments LLC grew its holdings in PIMCO Multi Sector Bond Active ETF by 6.9% during the third quarter. Creative Capital Management Investments LLC now owns 1,018,160 shares of the company’s stock valued at $25,851,000 after purchasing an additional 65,592 shares during the last quarter.
PIMCO Multi Sector Bond Active ETF Trading Up 0.2%
Shares of PYLD opened at $25.62 on Friday. The company’s fifty day moving average price is $25.69 and its 200 day moving average price is $26.26. PIMCO Multi Sector Bond Active ETF has a one year low of $25.15 and a one year high of $26.95.
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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