Puff Wealth Management LLC bought a new stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) in the second quarter, HoldingsChannel.com reports. The institutional investor bought 108,323 shares of the company’s stock, valued at approximately $2,873,000. PIMCO Multi Sector Bond Active ETF makes up approximately 2.9% of Puff Wealth Management LLC’s holdings, making the stock its 9th biggest holding.
A number of other hedge funds and other institutional investors also recently modified their holdings of PYLD. Cornerstone Financial Management LLC acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF in the 4th quarter worth approximately $28,000. GHP Investment Advisors Inc. acquired a new position in PIMCO Multi Sector Bond Active ETF during the first quarter worth $32,000. Networth Advisors LLC acquired a new position in PIMCO Multi Sector Bond Active ETF during the fourth quarter worth $34,000. O Shaughnessy Asset Management LLC acquired a new position in PIMCO Multi Sector Bond Active ETF during the fourth quarter worth $34,000. Finally, Cedar Mountain Advisors LLC purchased a new stake in PIMCO Multi Sector Bond Active ETF during the second quarter worth $38,000.
PIMCO Multi Sector Bond Active ETF Price Performance
PIMCO Multi Sector Bond Active ETF stock opened at $26.21 on Friday. PIMCO Multi Sector Bond Active ETF has a fifty-two week low of $25.92 and a fifty-two week high of $27.04. The stock’s fifty day moving average is $26.32 and its two-hundred day moving average is $26.46.
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.
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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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