Falcon Wealth Planning Buys Shares of 909,198 PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD)

Falcon Wealth Planning purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) during the 3rd quarter, Holdings Channel.com reports. The fund purchased 909,198 shares of the company’s stock, valued at approximately $24,230,000. PIMCO Multi Sector Bond Active ETF makes up 2.8% of Falcon Wealth Planning’s portfolio, making the stock its 15th biggest position.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Mather Group LLC. increased its holdings in PIMCO Multi Sector Bond Active ETF by 60.1% during the third quarter. Mather Group LLC. now owns 1,758 shares of the company’s stock valued at $47,000 after buying an additional 660 shares during the last quarter. Lloyd Advisory Services LLC. increased its stake in shares of PIMCO Multi Sector Bond Active ETF by 4.0% in the 3rd quarter. Lloyd Advisory Services LLC. now owns 20,805 shares of the company’s stock worth $554,000 after purchasing an additional 793 shares in the last quarter. Cape Investment Advisory Inc. purchased a new stake in PIMCO Multi Sector Bond Active ETF in the 1st quarter worth approximately $25,000. Mark Sheptoff Financial Planning LLC raised its stake in PIMCO Multi Sector Bond Active ETF by 47.4% during the 2nd quarter. Mark Sheptoff Financial Planning LLC now owns 3,049 shares of the company’s stock worth $78,000 after acquiring an additional 980 shares during the period. Finally, First Horizon Advisors Inc. purchased a new position in PIMCO Multi Sector Bond Active ETF during the second quarter valued at approximately $28,000.

PIMCO Multi Sector Bond Active ETF Stock Performance

Shares of NYSEARCA PYLD traded down $0.04 during midday trading on Tuesday, reaching $25.92. The stock had a trading volume of 169,742 shares, compared to its average volume of 495,420. PIMCO Multi Sector Bond Active ETF has a 12-month low of $24.33 and a 12-month high of $26.70. The stock has a 50-day moving average of $26.39 and a 200-day moving average of $25.97.

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.