Cherrydale Wealth Management LLC boosted its holdings in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) by 563.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 69,804 shares of the company’s stock after acquiring an additional 59,277 shares during the period. PIMCO Multi Sector Bond Active ETF accounts for about 0.7% of Cherrydale Wealth Management LLC’s investment portfolio, making the stock its 16th largest position. Cherrydale Wealth Management LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $1,809,000 as of its most recent SEC filing.
Several other hedge funds also recently bought and sold shares of the stock. Peterson Financial Group Inc. acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF in the third quarter worth approximately $42,000. Mather Group LLC. increased its stake in PIMCO Multi Sector Bond Active ETF by 60.1% during the 3rd quarter. Mather Group LLC. now owns 1,758 shares of the company’s stock worth $47,000 after buying an additional 660 shares during the period. Eastern Bank purchased a new position in PIMCO Multi Sector Bond Active ETF in the fourth quarter valued at about $65,000. Future Financial Wealth Managment LLC bought a new stake in shares of PIMCO Multi Sector Bond Active ETF in the third quarter worth $167,000. Finally, Kozak & Associates Inc. acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF in the 4th quarter valued at about $190,000.
PIMCO Multi Sector Bond Active ETF Price Performance
PIMCO Multi Sector Bond Active ETF stock remained flat at $26.01 during mid-day trading on Friday. 1,942,024 shares of the company’s stock were exchanged, compared to its average volume of 1,723,984. PIMCO Multi Sector Bond Active ETF has a 1 year low of $25.11 and a 1 year high of $26.70. The firm’s fifty day moving average is $26.05 and its 200 day moving average is $26.16.
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.
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