Axxcess Wealth Management LLC Invests $221,000 in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD)

Axxcess Wealth Management LLC bought a new position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 8,560 shares of the company’s stock, valued at approximately $221,000.

Several other institutional investors have also recently made changes to their positions in the company. Hilltop Holdings Inc. grew its stake in shares of PIMCO Multi Sector Bond Active ETF by 1.6% in the 4th quarter. Hilltop Holdings Inc. now owns 52,002 shares of the company’s stock worth $1,335,000 after acquiring an additional 840 shares in the last quarter. Simplicity Solutions LLC grew its stake in shares of PIMCO Multi Sector Bond Active ETF by 1.0% in the 4th quarter. Simplicity Solutions LLC now owns 114,745 shares of the company’s stock worth $2,945,000 after acquiring an additional 1,139 shares in the last quarter. Bleakley Financial Group LLC grew its stake in shares of PIMCO Multi Sector Bond Active ETF by 1.0% in the 4th quarter. Bleakley Financial Group LLC now owns 114,745 shares of the company’s stock worth $2,945,000 after acquiring an additional 1,139 shares in the last quarter. Financial Connections Group Inc. grew its position in PIMCO Multi Sector Bond Active ETF by 7.0% during the fourth quarter. Financial Connections Group Inc. now owns 17,783 shares of the company’s stock valued at $456,000 after buying an additional 1,160 shares during the period. Finally, Swisher Financial Concepts Inc. grew its position in PIMCO Multi Sector Bond Active ETF by 12.2% during the first quarter. Swisher Financial Concepts Inc. now owns 18,039 shares of the company’s stock valued at $457,000 after buying an additional 1,966 shares during the period.

PIMCO Multi Sector Bond Active ETF Stock Performance

PYLD opened at $25.96 on Friday. The firm has a 50-day moving average of $25.70 and a 200 day moving average of $25.57. PIMCO Multi Sector Bond Active ETF has a fifty-two week low of $23.76 and a fifty-two week high of $26.02.

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.