Mutual Advisors LLC Grows Stake in PIMCO Multi Sector Bond Active ETF $PYLD

Mutual Advisors LLC lifted its stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 25.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 382,473 shares of the company’s stock after purchasing an additional 78,330 shares during the period. Mutual Advisors LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $10,109,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the stock. GR Financial Group LLC bought a new position in PIMCO Multi Sector Bond Active ETF during the first quarter valued at $83,299,000. Advocacy Wealth Management Services LLC lifted its position in shares of PIMCO Multi Sector Bond Active ETF by 2,605.1% during the 1st quarter. Advocacy Wealth Management Services LLC now owns 3,011,220 shares of the company’s stock valued at $79,346,000 after buying an additional 2,899,903 shares during the last quarter. Apollon Wealth Management LLC bought a new position in shares of PIMCO Multi Sector Bond Active ETF during the 1st quarter worth $46,072,000. LPL Financial LLC grew its stake in shares of 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 acquiring an additional 1,691,854 shares during the period. Finally, HighTower Advisors LLC increased its holdings in PIMCO Multi Sector Bond Active ETF by 56.4% in the 1st quarter. HighTower Advisors LLC now owns 4,056,400 shares of the company’s stock worth $106,886,000 after acquiring an additional 1,463,026 shares during the last quarter.

PIMCO Multi Sector Bond Active ETF Stock Up 0.2%

NYSEARCA PYLD opened at $26.77 on Wednesday. PIMCO Multi Sector Bond Active ETF has a 52 week low of $25.42 and a 52 week high of $26.96. The firm’s 50-day simple moving average is $26.70 and its two-hundred day simple moving average is $26.35.

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.