Castle Wealth Management LLC lifted its stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) by 13.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 485,134 shares of the company’s stock after purchasing an additional 56,203 shares during the period. PIMCO Multi Sector Bond Active ETF comprises 5.0% of Castle Wealth Management LLC’s investment portfolio, making the stock its 2nd biggest position. Castle Wealth Management LLC owned about 1.62% of PIMCO Multi Sector Bond Active ETF worth $12,635,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds have also modified their holdings of PYLD. Peterson Financial Group Inc. purchased a new stake in PIMCO Multi Sector Bond Active ETF during the 3rd quarter valued at about $42,000. Global Trust Asset Management LLC purchased a new stake in PIMCO Multi Sector Bond Active ETF during the 4th quarter valued at about $63,000. Eastern Bank purchased a new stake in PIMCO Multi Sector Bond Active ETF during the 4th quarter valued at about $65,000. New Wave Wealth Advisors LLC purchased a new stake in PIMCO Multi Sector Bond Active ETF during the 4th quarter valued at about $95,000. Finally, Kozak & Associates Inc. purchased a new stake in PIMCO Multi Sector Bond Active ETF during the 4th quarter valued at about $190,000.
PIMCO Multi Sector Bond Active ETF Stock Down 0.3 %
Shares of NYSEARCA PYLD opened at $26.04 on Thursday. PIMCO Multi Sector Bond Active ETF has a 12-month low of $25.11 and a 12-month high of $26.70. The company has a 50-day moving average of $26.04 and a 200 day moving average of $26.19.
About PIMCO Multi Sector Bond Active ETF
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.
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