Litman Gregory Wealth Management LLC acquired a new position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) in the second quarter, Holdings Channel reports. The fund acquired 10,245 shares of the company’s stock, valued at approximately $272,000.
Several other hedge funds have also recently modified their holdings of PYLD. LPL Financial LLC boosted its stake in shares of PIMCO Multi Sector Bond Active ETF by 41.2% in the 1st quarter. LPL Financial LLC now owns 5,799,134 shares of the company’s stock worth $152,807,000 after buying an additional 1,691,854 shares during the last quarter. HighTower Advisors LLC boosted its position in PIMCO Multi Sector Bond Active ETF by 56.4% in the first quarter. HighTower Advisors LLC now owns 4,056,400 shares of the company’s stock worth $106,886,000 after purchasing an additional 1,463,026 shares during the last quarter. Sequoia Financial Advisors LLC boosted its position in PIMCO Multi Sector Bond Active ETF by 19.1% in the first quarter. Sequoia Financial Advisors LLC now owns 3,556,648 shares of the company’s stock worth $93,718,000 after purchasing an additional 570,359 shares during the last quarter. NewEdge Advisors LLC grew its stake in PIMCO Multi Sector Bond Active ETF by 25.4% in the 1st quarter. NewEdge Advisors LLC now owns 3,341,951 shares of the company’s stock valued at $88,060,000 after purchasing an additional 676,475 shares during the period. Finally, AE Wealth Management LLC increased its position in shares of PIMCO Multi Sector Bond Active ETF by 19.4% during the 1st quarter. AE Wealth Management LLC now owns 3,167,078 shares of the company’s stock valued at $83,453,000 after purchasing an additional 514,758 shares during the last quarter.
PIMCO Multi Sector Bond Active ETF Trading Down 0.1%
NYSEARCA PYLD opened at $26.74 on Monday. The business’s fifty day moving average is $26.66 and its 200-day moving average is $26.33. PIMCO Multi Sector Bond Active ETF has a one year low of $25.42 and a one year high of $26.96.
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.
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