PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) Stock Position Lifted by HUB Investment Partners LLC

HUB Investment Partners LLC boosted its position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 11.1% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,095,102 shares of the company’s stock after buying an additional 109,073 shares during the quarter. PIMCO Multi Sector Bond Active ETF accounts for approximately 1.2% of HUB Investment Partners LLC’s investment portfolio, making the stock its 15th largest position. HUB Investment Partners LLC owned approximately 3.66% of PIMCO Multi Sector Bond Active ETF worth $28,385,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the company. Kestra Investment Management LLC purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF during the 4th quarter worth about $53,000. Global Trust Asset Management LLC acquired a new stake in PIMCO Multi Sector Bond Active ETF in the 4th quarter valued at approximately $63,000. Eastern Bank acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF during the 4th quarter worth approximately $65,000. US Bancorp DE acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF during the 4th quarter worth approximately $67,000. Finally, PNC Financial Services Group Inc. acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF during the 4th quarter worth approximately $76,000.

PIMCO Multi Sector Bond Active ETF Stock Performance

PIMCO Multi Sector Bond Active ETF stock opened at $26.34 on Thursday. PIMCO Multi Sector Bond Active ETF has a one year low of $25.11 and a one year high of $26.70. The business has a 50 day simple moving average of $26.17 and a 200 day simple moving average of $26.21.

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.