Taylor & Morgan Wealth Management LLC Makes New Investment in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD)

Taylor & Morgan Wealth Management LLC bought a new position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 47,913 shares of the company’s stock, valued at approximately $1,242,000. PIMCO Multi Sector Bond Active ETF makes up about 0.9% of Taylor & Morgan Wealth Management LLC’s investment portfolio, making the stock its 21st largest holding.

Several other institutional investors and hedge funds have also made changes to their positions in the company. TruWealth Advisors LLC purchased a new position in PIMCO Multi Sector Bond Active ETF during the 4th quarter worth $46,875,000. NewEdge Advisors LLC grew its holdings in shares of PIMCO Multi Sector Bond Active ETF by 409.8% during the second quarter. NewEdge Advisors LLC now owns 1,464,239 shares of the company’s stock worth $37,543,000 after buying an additional 1,177,009 shares during the last quarter. Family Investment Center Inc. increased its position in PIMCO Multi Sector Bond Active ETF by 259.1% in the 3rd quarter. Family Investment Center Inc. now owns 1,260,959 shares of the company’s stock valued at $33,605,000 after acquiring an additional 909,842 shares during the period. Falcon Wealth Planning purchased a new stake in PIMCO Multi Sector Bond Active ETF during the 3rd quarter valued at approximately $24,230,000. Finally, Retirement Planning Group LLC increased its holdings in shares of PIMCO Multi Sector Bond Active ETF by 47.2% in the third quarter. Retirement Planning Group LLC now owns 2,748,900 shares of the company’s stock valued at $73,258,000 after purchasing an additional 880,999 shares during the period.

PIMCO Multi Sector Bond Active ETF Price Performance

Shares of NYSEARCA PYLD opened at $26.01 on Friday. The stock has a fifty day moving average price of $26.05 and a 200 day moving average price of $26.16. PIMCO Multi Sector Bond Active ETF has a 1-year low of $25.11 and a 1-year high of $26.70.

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.