First PREMIER Bank boosted its holdings in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) by 197.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 89,538 shares of the company’s stock after purchasing an additional 59,479 shares during the quarter. First PREMIER Bank’s holdings in PIMCO Multi Sector Bond Active ETF were worth $2,374,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in PYLD. PMG Wealth Management Inc. acquired a new stake in PIMCO Multi Sector Bond Active ETF in the 1st quarter worth $5,369,000. RFG Advisory LLC raised its position in shares of PIMCO Multi Sector Bond Active ETF by 89.1% during the first quarter. RFG Advisory LLC now owns 620,585 shares of the company’s stock valued at $16,259,000 after buying an additional 292,370 shares during the last quarter. WESPAC Advisors SoCal LLC raised its position in shares of PIMCO Multi Sector Bond Active ETF by 15.2% during the first quarter. WESPAC Advisors SoCal LLC now owns 385,406 shares of the company’s stock valued at $10,098,000 after buying an additional 50,957 shares during the last quarter. Intrua Financial LLC lifted its stake in shares of PIMCO Multi Sector Bond Active ETF by 8.0% in the fourth quarter. Intrua Financial LLC now owns 948,671 shares of the company’s stock valued at $25,311,000 after buying an additional 70,493 shares during the period. Finally, BlueChip Wealth Advisors LLC bought a new stake in shares of PIMCO Multi Sector Bond Active ETF in the first quarter valued at about $1,054,000.
PIMCO Multi Sector Bond Active ETF Price Performance
PYLD stock opened at $26.17 on Tuesday. PIMCO Multi Sector Bond Active ETF has a twelve month low of $25.92 and a twelve month high of $27.04. The business’s 50-day simple moving average is $26.26 and its 200 day simple moving average is $26.39.
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.
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