Prosperity Wealth Management Inc. Acquires 1,176 Shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD)

Prosperity Wealth Management Inc. raised its stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 3.4% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 35,431 shares of the company’s stock after buying an additional 1,176 shares during the quarter. Prosperity Wealth Management Inc.’s holdings in PIMCO Multi Sector Bond Active ETF were worth $934,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of PYLD. J.W. Cole Advisors Inc. purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF during the 4th quarter valued at $434,000. Sanctuary Advisors LLC raised its position in shares of PIMCO Multi Sector Bond Active ETF by 57.1% during the 4th quarter. Sanctuary Advisors LLC now owns 12,728 shares of the company’s stock valued at $333,000 after buying an additional 4,625 shares in the last quarter. D.A. Davidson & CO. purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF during the 4th quarter valued at $949,000. Fortis Group Advisors LLC purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF during the 4th quarter valued at $855,000. Finally, Venturi Wealth Management LLC purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF during the 4th quarter valued at $114,000.

PIMCO Multi Sector Bond Active ETF Stock Performance

PIMCO Multi Sector Bond Active ETF stock opened at $26.24 on Wednesday. The firm’s fifty day moving average price is $26.02 and its 200-day moving average price is $26.10. PIMCO Multi Sector Bond Active ETF has a fifty-two week low of $25.42 and a fifty-two week 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.