Cherrydale Wealth Management LLC Makes New $281,000 Investment in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD)

Cherrydale Wealth Management LLC purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) in the third quarter, according to its most recent filing with the SEC. The firm purchased 10,527 shares of the company’s stock, valued at approximately $281,000.

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

PIMCO Multi Sector Bond Active ETF Stock Performance

PYLD traded down $0.04 during midday trading on Monday, reaching $26.27. 20,681 shares of the company’s stock were exchanged, compared to its average volume of 463,442. The business’s 50-day moving average price is $26.40 and its 200 day moving average price is $25.88. PIMCO Multi Sector Bond Active ETF has a 1-year low of $23.76 and a 1-year 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.