Dechtman Wealth Management LLC Invests $6.20 Million in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD)

by · The Cerbat Gem

Dechtman Wealth Management LLC purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 232,721 shares of the company’s stock, valued at approximately $6,202,000. PIMCO Multi Sector Bond Active ETF accounts for 1.3% of Dechtman Wealth Management LLC’s holdings, making the stock its 12th biggest position. Dechtman Wealth Management LLC owned approximately 0.78% of PIMCO Multi Sector Bond Active ETF at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Cape Investment Advisory Inc. acquired a new position in shares of PIMCO Multi Sector Bond Active ETF during the 1st quarter worth approximately $25,000. Mather Group LLC. purchased a new position in shares of PIMCO Multi Sector Bond Active ETF during the 2nd quarter worth $28,000. First Horizon Advisors Inc. purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF during the 2nd quarter valued at approximately $28,000. Mark Sheptoff Financial Planning LLC purchased a new stake in PIMCO Multi Sector Bond Active ETF in the first quarter valued at $53,000. Finally, Future Financial Wealth Managment LLC acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF during the 3rd quarter worth about $167,000.

PIMCO Multi Sector Bond Active ETF Stock Performance

Shares of NYSEARCA:PYLD traded down $0.12 during mid-day trading on Wednesday, reaching $25.87. 203,810 shares of the company were exchanged, compared to its average volume of 498,204. PIMCO Multi Sector Bond Active ETF has a 1 year low of $24.33 and a 1 year high of $26.70. The firm’s 50-day simple moving average is $26.38 and its 200 day simple moving average is $25.98.

PIMCO Multi Sector Bond Active ETF Profile

(Free Report)

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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