Landmark Wealth Management LLC increased its stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) by 64.4% in the fourth quarter, Holdings Channel.com reports. The fund owned 212,697 shares of the company’s stock after purchasing an additional 83,297 shares during the period. PIMCO Multi Sector Bond Active ETF comprises about 2.2% of Landmark Wealth Management LLC’s holdings, making the stock its 16th biggest position. Landmark Wealth Management LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $5,675,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Networth Advisors LLC bought a new position in shares of PIMCO Multi Sector Bond Active ETF during the fourth quarter worth $34,000. Legacy Wealth Managment LLC ID bought a new position in shares of PIMCO Multi Sector Bond Active ETF during the fourth quarter worth $42,000. JFS Wealth Advisors LLC bought a new position in shares of PIMCO Multi Sector Bond Active ETF during the fourth quarter worth $51,000. GGM Financials LLC bought a new position in shares of PIMCO Multi Sector Bond Active ETF during the fourth quarter worth $54,000. Finally, Texas Capital Bancshares Inc TX bought a new position in shares of PIMCO Multi Sector Bond Active ETF during the third quarter worth $67,000.
PIMCO Multi Sector Bond Active ETF Stock Performance
Shares of NYSEARCA:PYLD opened at $26.34 on Thursday. The firm has a fifty day moving average price of $26.39 and a 200 day moving average price of $26.66. PIMCO Multi Sector Bond Active ETF has a fifty-two week low of $25.91 and a fifty-two 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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