Future Financial Wealth Managment LLC acquired a new position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) during the third quarter, HoldingsChannel reports. The fund acquired 6,274 shares of the company’s stock, valued at approximately $167,000.
A number of other hedge funds have also recently added to or reduced their stakes in PYLD. Sequoia Financial Advisors LLC bought a new stake in PIMCO Multi Sector Bond Active ETF during the 2nd quarter worth about $58,356,000. Retirement Planning Group LLC bought a new stake in PIMCO Multi Sector Bond Active ETF during the 2nd quarter worth about $47,893,000. NewEdge Advisors LLC boosted its stake in shares of PIMCO Multi Sector Bond Active ETF by 409.8% in the 2nd quarter. NewEdge Advisors LLC now owns 1,464,239 shares of the company’s stock valued at $37,543,000 after purchasing an additional 1,177,009 shares during the last quarter. WCG Wealth Advisors LLC bought a new position in shares of PIMCO Multi Sector Bond Active ETF in the 2nd quarter valued at about $24,621,000. Finally, Envestnet Asset Management Inc. boosted its stake in shares of PIMCO Multi Sector Bond Active ETF by 267.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,083,634 shares of the company’s stock valued at $27,784,000 after purchasing an additional 788,906 shares during the last quarter.
PIMCO Multi Sector Bond Active ETF Price Performance
Shares of NYSEARCA PYLD opened at $26.30 on Wednesday. PIMCO Multi Sector Bond Active ETF has a 1 year low of $23.76 and a 1 year high of $26.70. The firm’s 50-day moving average is $26.38 and its 200-day moving average is $25.87.
PIMCO Multi Sector Bond Active ETF 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.
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Want to see what other hedge funds are holding PYLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report).
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