Dechtman Wealth Management LLC Boosts Stock Holdings in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD)

Dechtman Wealth Management LLC lifted its stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 348.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,043,258 shares of the company’s stock after acquiring an additional 810,537 shares during the quarter. PIMCO Multi Sector Bond Active ETF accounts for 5.2% of Dechtman Wealth Management LLC’s portfolio, making the stock its 7th largest holding. Dechtman Wealth Management LLC owned 3.48% of PIMCO Multi Sector Bond Active ETF worth $27,041,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of the stock. Sanctuary Advisors LLC acquired a new position in shares of PIMCO Multi Sector Bond Active ETF in the 3rd quarter valued at $211,000. Stifel Financial Corp acquired a new position in shares of PIMCO Multi Sector Bond Active ETF in the third quarter worth about $1,951,000. Janney Montgomery Scott LLC increased its position in shares of PIMCO Multi Sector Bond Active ETF by 220.5% in the fourth quarter. Janney Montgomery Scott LLC now owns 69,732 shares of the company’s stock worth $1,807,000 after acquiring an additional 47,977 shares in the last quarter. Schmidt P J Investment Management Inc. raised its holdings in shares of PIMCO Multi Sector Bond Active ETF by 10.6% during the fourth quarter. Schmidt P J Investment Management Inc. now owns 25,178 shares of the company’s stock valued at $653,000 after acquiring an additional 2,405 shares during the period. Finally, New Century Financial Group LLC lifted its position in shares of PIMCO Multi Sector Bond Active ETF by 20.8% in the 4th quarter. New Century Financial Group LLC now owns 38,969 shares of the company’s stock valued at $1,010,000 after acquiring an additional 6,723 shares in the last quarter.

PIMCO Multi Sector Bond Active ETF Stock Performance

PYLD opened at $26.32 on Wednesday. PIMCO Multi Sector Bond Active ETF has a 12-month low of $25.11 and a 12-month high of $26.70. The stock has a fifty day moving average of $26.21 and a 200-day moving average of $26.21.

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.