True Wealth Design LLC Acquires New Holdings in PIMCO Multi Sector Bond Active ETF $PYLD

True Wealth Design LLC bought a new position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) in the 2nd quarter, HoldingsChannel reports. The institutional investor bought 68,144 shares of the company’s stock, valued at approximately $1,809,000. PIMCO Multi Sector Bond Active ETF accounts for about 0.6% of True Wealth Design LLC’s investment portfolio, making the stock its 17th largest holding.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Cozad Asset Management Inc. lifted its position in shares of PIMCO Multi Sector Bond Active ETF by 14.7% during the 1st quarter. Cozad Asset Management Inc. now owns 31,470 shares of the company’s stock worth $829,000 after purchasing an additional 4,040 shares during the last quarter. Cherrydale Wealth Management LLC boosted its position in shares of PIMCO Multi Sector Bond Active ETF by 8.5% in the second quarter. Cherrydale Wealth Management LLC now owns 136,523 shares of the company’s stock valued at $3,623,000 after acquiring an additional 10,748 shares during the period. Flynn Zito Capital Management LLC grew its stake in shares of PIMCO Multi Sector Bond Active ETF by 356.4% in the first quarter. Flynn Zito Capital Management LLC now owns 320,509 shares of the company’s stock worth $8,445,000 after acquiring an additional 250,276 shares during the last quarter. CWM LLC grew its stake in shares of PIMCO Multi Sector Bond Active ETF by 216.3% in the second quarter. CWM LLC now owns 1,336,115 shares of the company’s stock worth $35,461,000 after acquiring an additional 913,640 shares during the last quarter. Finally, MBL Wealth LLC bought a new position in PIMCO Multi Sector Bond Active ETF during the second quarter worth $6,989,000.

PIMCO Multi Sector Bond Active ETF Trading Down 0.0%

NYSEARCA:PYLD opened at $26.75 on Friday. PIMCO Multi Sector Bond Active ETF has a one year low of $25.42 and a one year high of $27.04. The company has a fifty day moving average price of $26.81 and a 200 day moving average price of $26.47.

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.