Fortress Wealth Management Inc. Increases Stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD)

Fortress Wealth Management Inc. grew its position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 17.2% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 581,492 shares of the company’s stock after purchasing an additional 85,331 shares during the quarter. PIMCO Multi Sector Bond Active ETF comprises approximately 7.3% of Fortress Wealth Management Inc.’s investment portfolio, making the stock its 3rd largest position. Fortress Wealth Management Inc.’s holdings in PIMCO Multi Sector Bond Active ETF were worth $15,072,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Peterson Financial Group Inc. acquired a new position in PIMCO Multi Sector Bond Active ETF in the third quarter valued at $42,000. Mather Group LLC. boosted its holdings in shares of 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 in the last quarter. Global Trust Asset Management LLC acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF during the 4th quarter worth approximately $63,000. Eastern Bank acquired a new position in shares of PIMCO Multi Sector Bond Active ETF during the 4th quarter valued at $65,000. Finally, Future Financial Wealth Managment LLC bought a new position in PIMCO Multi Sector Bond Active ETF during the third quarter worth $167,000.

PIMCO Multi Sector Bond Active ETF Stock Up 0.3 %

PYLD opened at $26.15 on Tuesday. The company has a fifty day moving average price of $26.05 and a two-hundred day moving average price of $26.18. 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.