Castle Wealth Management LLC Has $11.43 Million Stock Position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD)

Castle Wealth Management LLC increased its stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 98.5% during the third quarter, Holdings Channel.com reports. The firm owned 428,931 shares of the company’s stock after purchasing an additional 212,874 shares during the quarter. PIMCO Multi Sector Bond Active ETF accounts for approximately 4.6% of Castle Wealth Management LLC’s holdings, making the stock its 2nd largest position. Castle Wealth Management LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $11,431,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Cozad Asset Management Inc. bought a new stake in PIMCO Multi Sector Bond Active ETF during the 3rd quarter worth approximately $426,000. Walkner Condon Financial Advisors LLC increased its stake in shares of PIMCO Multi Sector Bond Active ETF by 46.9% in the third quarter. Walkner Condon Financial Advisors LLC now owns 107,915 shares of the company’s stock worth $2,876,000 after purchasing an additional 34,470 shares in the last quarter. Dechtman Wealth Management LLC purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF in the third quarter worth $6,202,000. Beacon Financial Advisory LLC raised its position in shares of PIMCO Multi Sector Bond Active ETF by 57.9% during the 3rd quarter. Beacon Financial Advisory LLC now owns 186,940 shares of the company’s stock valued at $4,982,000 after purchasing an additional 68,522 shares during the period. Finally, MinichMacGregor Wealth Management LLC lifted its stake in shares of PIMCO Multi Sector Bond Active ETF by 4.0% during the 3rd quarter. MinichMacGregor Wealth Management LLC now owns 517,502 shares of the company’s stock valued at $13,791,000 after buying an additional 20,079 shares in the last quarter.

PIMCO Multi Sector Bond Active ETF Stock Up 0.5 %

Shares of PIMCO Multi Sector Bond Active ETF stock opened at $26.04 on Thursday. The company has a fifty day moving average of $26.37 and a 200 day moving average of $25.97. PIMCO Multi Sector Bond Active ETF has a fifty-two week low of $24.33 and a fifty-two week high of $26.70.

PIMCO Multi Sector Bond Active ETF 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.