Fortress Wealth Management Inc. Acquires 85,331 Shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD)

Fortress Wealth Management Inc. increased its holdings in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 17.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 581,492 shares of the company’s stock after acquiring an additional 85,331 shares during the quarter. PIMCO Multi Sector Bond Active ETF comprises about 7.3% of Fortress Wealth Management Inc.’s investment portfolio, making the stock its 3rd largest holding. Fortress Wealth Management Inc. owned approximately 1.94% of PIMCO Multi Sector Bond Active ETF worth $15,072,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Sanctuary Advisors LLC acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF in the third quarter valued at approximately $211,000. Stifel Financial Corp acquired a new position in PIMCO Multi Sector Bond Active ETF in the 3rd quarter valued at $1,951,000. RFG Holdings Inc. lifted its position in shares of PIMCO Multi Sector Bond Active ETF by 246.1% during the 3rd quarter. RFG Holdings Inc. now owns 170,617 shares of the company’s stock valued at $4,547,000 after acquiring an additional 121,317 shares during the period. Trajan Wealth LLC acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF during the 3rd quarter worth $15,687,000. Finally, Sprinkle Financial Consultants LLC increased its position in shares of PIMCO Multi Sector Bond Active ETF by 13.5% in the third quarter. Sprinkle Financial Consultants LLC now owns 50,595 shares of the company’s stock worth $1,348,000 after purchasing an additional 6,021 shares during the period.

PIMCO Multi Sector Bond Active ETF Stock Up 0.3 %

PYLD opened at $26.15 on Tuesday. PIMCO Multi Sector Bond Active ETF has a twelve month low of $25.11 and a twelve month high of $26.70. The company has a 50-day simple moving average of $26.05 and a 200 day simple moving average of $26.18.

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.