USAdvisors Wealth Management LLC Buys 9,355 Shares of PIMCO Multi Sector Bond Active ETF $PYLD

USAdvisors Wealth Management LLC raised its stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 12.1% during the 2nd quarter, Holdings Channel reports. The fund owned 86,780 shares of the company’s stock after purchasing an additional 9,355 shares during the period. USAdvisors Wealth Management LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $2,303,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of PYLD. Sovereign Financial Group Inc. bought a new stake in PIMCO Multi Sector Bond Active ETF during the 1st quarter valued at $441,000. StoneCrest Wealth Management Inc. bought a new stake in PIMCO Multi Sector Bond Active ETF during the 1st quarter valued at $2,731,000. Gemmer Asset Management LLC boosted its position in PIMCO Multi Sector Bond Active ETF by 9.3% during the 1st quarter. Gemmer Asset Management LLC now owns 763,201 shares of the company’s stock valued at $20,110,000 after acquiring an additional 64,970 shares in the last quarter. Sentinel Pension Advisors LLC boosted its position in PIMCO Multi Sector Bond Active ETF by 17.5% during the 1st quarter. Sentinel Pension Advisors LLC now owns 233,743 shares of the company’s stock valued at $6,159,000 after acquiring an additional 34,791 shares in the last quarter. Finally, NavPoint Financial Inc. boosted its position in PIMCO Multi Sector Bond Active ETF by 62.0% during the 1st quarter. NavPoint Financial Inc. now owns 12,644 shares of the company’s stock valued at $333,000 after acquiring an additional 4,840 shares in the last quarter.

PIMCO Multi Sector Bond Active ETF Stock Down 0.1%

Shares of NYSEARCA PYLD opened at $26.74 on Friday. PIMCO Multi Sector Bond Active ETF has a 12-month low of $25.42 and a 12-month high of $26.96. The stock’s fifty day simple moving average is $26.66 and its two-hundred day simple moving average is $26.33.

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.