Concord Asset Management LLC VA Invests $712,000 in PIMCO Multi Sector Bond Active ETF $PYLD

Concord Asset Management LLC VA acquired a new position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) in the second quarter, Holdings Channel.com reports. The fund acquired 26,840 shares of the company’s stock, valued at approximately $712,000.

A number of other institutional investors have also recently made changes to their positions in PYLD. GR Financial Group LLC purchased a new stake in PIMCO Multi Sector Bond Active ETF in the first quarter valued at about $83,299,000. Advocacy Wealth Management Services LLC increased its holdings in shares of PIMCO Multi Sector Bond Active ETF by 2,605.1% during the first quarter. Advocacy Wealth Management Services LLC now owns 3,011,220 shares of the company’s stock valued at $79,346,000 after acquiring an additional 2,899,903 shares in the last quarter. Apollon Wealth Management LLC acquired a new position in shares of PIMCO Multi Sector Bond Active ETF during the first quarter valued at about $46,072,000. LPL Financial LLC grew its position in PIMCO Multi Sector Bond Active ETF by 41.2% during the 1st quarter. LPL Financial LLC now owns 5,799,134 shares of the company’s stock worth $152,807,000 after purchasing an additional 1,691,854 shares during the last quarter. Finally, HighTower Advisors LLC grew its position in PIMCO Multi Sector Bond Active ETF by 56.4% during the 1st 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.

PIMCO Multi Sector Bond Active ETF Price Performance

NYSEARCA:PYLD opened at $26.72 on Tuesday. PIMCO Multi Sector Bond Active ETF has a twelve month low of $25.42 and a twelve month high of $26.96. The company’s 50 day moving average is $26.69 and its two-hundred day moving average is $26.35.

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.