Private Advisor Group LLC Raises Stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD)

Private Advisor Group LLC lifted its position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 326.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 207,798 shares of the company’s stock after buying an additional 159,092 shares during the quarter. Private Advisor Group LLC owned approximately 0.69% of PIMCO Multi Sector Bond Active ETF worth $5,386,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Peterson Financial Group Inc. purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF during the third quarter worth about $42,000. Kestra Investment Management LLC purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF during the fourth quarter worth about $53,000. Global Trust Asset Management LLC purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF during the fourth quarter worth about $63,000. Eastern Bank purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF during the fourth quarter worth about $65,000. Finally, New Wave Wealth Advisors LLC purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF during the fourth quarter worth about $95,000.

PIMCO Multi Sector Bond Active ETF Trading Up 0.2 %

Shares of NYSEARCA PYLD opened at $26.28 on Friday. PIMCO Multi Sector Bond Active ETF has a 12 month low of $25.11 and a 12 month high of $26.70. The company has a 50-day simple moving average of $26.04 and a 200-day simple moving average of $26.20.

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.