Concurrent Investment Advisors LLC Raises Stake in PIMCO Multi Sector Bond Active ETF $PYLD

Concurrent Investment Advisors LLC grew its stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 121.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 144,932 shares of the company’s stock after purchasing an additional 79,470 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $3,867,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in PYLD. Mather Group LLC. purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF during the third quarter valued at $32,000. Networth Advisors LLC purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF during the fourth quarter valued at $34,000. JFS Wealth Advisors LLC bought a new position in PIMCO Multi Sector Bond Active ETF during the 4th quarter worth about $51,000. Texas Capital Bancshares Inc TX bought a new position in PIMCO Multi Sector Bond Active ETF during the 3rd quarter worth about $67,000. Finally, Bangor Savings Bank bought a new position in PIMCO Multi Sector Bond Active ETF during the 4th quarter worth about $70,000.

PIMCO Multi Sector Bond Active ETF Trading Down 0.2%

Shares of PIMCO Multi Sector Bond Active ETF stock opened at $26.53 on Tuesday. PIMCO Multi Sector Bond Active ETF has a 1 year low of $25.90 and a 1 year high of $27.04. The firm’s 50-day moving average is $26.49 and its two-hundred day moving average is $26.69.

About PIMCO Multi Sector Bond Active ETF

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. PYLD was launched on Jun 21, 2023 and is managed by PIMCO.