Mid American Wealth Advisory Group Inc. Buys 104,410 Shares of PIMCO Multi Sector Bond Active ETF $PYLD

Mid American Wealth Advisory Group Inc. lifted its stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 21.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 581,907 shares of the company’s stock after purchasing an additional 104,410 shares during the quarter. PIMCO Multi Sector Bond Active ETF comprises about 4.7% of Mid American Wealth Advisory Group Inc.’s holdings, making the stock its 7th largest holding. Mid American Wealth Advisory Group Inc. owned 0.09% of PIMCO Multi Sector Bond Active ETF worth $14,775,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Magnus Financial Group LLC acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF in the 3rd quarter worth $260,000. Axxcess Wealth Management LLC raised its holdings in shares of PIMCO Multi Sector Bond Active ETF by 8.7% during the 3rd quarter. Axxcess Wealth Management LLC now owns 36,308 shares of the company’s stock worth $922,000 after acquiring an additional 2,911 shares during the period. Stillwater Wealth Management Group boosted its position in shares of PIMCO Multi Sector Bond Active ETF by 68.7% during the 3rd quarter. Stillwater Wealth Management Group now owns 22,095 shares of the company’s stock valued at $561,000 after acquiring an additional 8,995 shares during the last quarter. Schuylkill Financial LLC boosted its position in shares of PIMCO Multi Sector Bond Active ETF by 4.3% during the 3rd quarter. Schuylkill Financial LLC now owns 126,312 shares of the company’s stock valued at $3,207,000 after acquiring an additional 5,251 shares during the last quarter. Finally, Sowell Financial Services LLC acquired a new position in shares of PIMCO Multi Sector Bond Active ETF during the 3rd quarter valued at about $2,311,000.

PIMCO Multi Sector Bond Active ETF Price Performance

Shares of PYLD opened at $25.46 on Thursday. PIMCO Multi Sector Bond Active ETF has a 12-month low of $25.15 and a 12-month high of $27.04. The firm has a 50-day moving average price of $25.76 and a 200 day moving average price of $26.14.

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.