Flynn Zito Capital Management LLC Has $13.36 Million Position in PIMCO Multi Sector Bond Active ETF $PYLD

Flynn Zito Capital Management LLC boosted its holdings in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 57.2% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 509,756 shares of the company’s stock after acquiring an additional 185,562 shares during the quarter. PIMCO Multi Sector Bond Active ETF accounts for 4.3% of Flynn Zito Capital Management LLC’s portfolio, making the stock its 6th largest position. Flynn Zito Capital Management LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $13,356,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in PYLD. Cornerstone Financial Management LLC bought a new position in shares of PIMCO Multi Sector Bond Active ETF in the fourth quarter worth $28,000. GHP Investment Advisors Inc. bought a new stake in shares of PIMCO Multi Sector Bond Active ETF during the first quarter valued at about $32,000. Networth Advisors LLC bought a new stake in shares of PIMCO Multi Sector Bond Active ETF during the fourth quarter valued at about $34,000. O Shaughnessy Asset Management LLC bought a new stake in shares of PIMCO Multi Sector Bond Active ETF during the fourth quarter valued at about $34,000. Finally, Legacy Wealth Managment LLC ID acquired a new stake in PIMCO Multi Sector Bond Active ETF in the fourth quarter worth about $42,000.

PIMCO Multi Sector Bond Active ETF Trading Up 0.2%

Shares of PYLD opened at $26.28 on Wednesday. The firm has a 50-day moving average price of $26.37 and a 200 day moving average price of $26.53. PIMCO Multi Sector Bond Active ETF has a 52-week low of $25.92 and a 52-week high of $27.04.

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. PYLD was launched on Jun 21, 2023 and is managed by PIMCO.