Savvy Advisors Inc. Takes Position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD)

Savvy Advisors Inc. purchased a new position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 46,543 shares of the company’s stock, valued at approximately $1,206,000. Savvy Advisors Inc. owned 0.16% of PIMCO Multi Sector Bond Active ETF as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in PYLD. Kestra Investment Management LLC purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF in the 4th quarter worth about $53,000. Global Trust Asset Management LLC purchased a new stake in PIMCO Multi Sector Bond Active ETF in the fourth quarter worth about $63,000. Eastern Bank purchased a new stake in PIMCO Multi Sector Bond Active ETF in the fourth quarter worth about $65,000. US Bancorp DE bought a new position in shares of PIMCO Multi Sector Bond Active ETF during the fourth quarter valued at approximately $67,000. Finally, PNC Financial Services Group Inc. purchased a new position in shares of PIMCO Multi Sector Bond Active ETF during the fourth quarter valued at approximately $76,000.

PIMCO Multi Sector Bond Active ETF Price Performance

Shares of PYLD opened at $25.62 on Monday. The business’s 50 day moving average price is $26.20 and its 200-day moving average price is $26.15. PIMCO Multi Sector Bond Active ETF has a 52 week low of $25.11 and a 52 week 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.