Lake Street Private Wealth LLC Purchases 25,750 Shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD)

Lake Street Private Wealth LLC boosted its position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 20.1% during the 1st quarter, Holdings Channel.com reports. The firm owned 153,650 shares of the company’s stock after purchasing an additional 25,750 shares during the period. Lake Street Private Wealth LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $4,049,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of the business. LPL Financial LLC lifted its holdings in shares of PIMCO Multi Sector Bond Active ETF by 89.7% during the 4th quarter. LPL Financial LLC now owns 4,107,280 shares of the company’s stock worth $106,461,000 after acquiring an additional 1,941,964 shares during the last quarter. Retirement Planning Group LLC grew its holdings in PIMCO Multi Sector Bond Active ETF by 37.0% in the fourth quarter. Retirement Planning Group LLC now owns 3,766,885 shares of the company’s stock worth $97,638,000 after purchasing an additional 1,017,985 shares during the period. Bank of America Corp DE grew its holdings in PIMCO Multi Sector Bond Active ETF by 805,843.9% in the fourth quarter. Bank of America Corp DE now owns 3,175,419 shares of the company’s stock worth $82,307,000 after purchasing an additional 3,175,025 shares during the period. Sequoia Financial Advisors LLC lifted its stake in shares of PIMCO Multi Sector Bond Active ETF by 15.6% in the fourth quarter. Sequoia Financial Advisors LLC now owns 2,986,289 shares of the company’s stock worth $77,405,000 after buying an additional 402,502 shares in the last quarter. Finally, NewEdge Advisors LLC lifted its stake in shares of PIMCO Multi Sector Bond Active ETF by 42.5% in the fourth quarter. NewEdge Advisors LLC now owns 2,665,476 shares of the company’s stock worth $69,089,000 after buying an additional 795,467 shares in the last quarter.

PIMCO Multi Sector Bond Active ETF Stock Performance

Shares of PIMCO Multi Sector Bond Active ETF stock opened at $26.21 on Thursday. The company’s 50 day moving average is $26.01 and its 200 day moving average is $26.10. PIMCO Multi Sector Bond Active ETF has a twelve month low of $25.42 and a twelve month high of $26.70.

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.