Stonebridge Financial Group LLC Makes New Investment in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD)

Stonebridge Financial Group LLC bought a new stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 107,520 shares of the company’s stock, valued at approximately $2,787,000. Stonebridge Financial Group LLC owned approximately 0.36% of PIMCO Multi Sector Bond Active ETF as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of PYLD. TruWealth Advisors LLC purchased a new position in PIMCO Multi Sector Bond Active ETF in the fourth quarter worth $46,875,000. Family Investment Center Inc. raised its stake in shares of PIMCO Multi Sector Bond Active ETF by 259.1% during the 3rd quarter. Family Investment Center Inc. now owns 1,260,959 shares of the company’s stock worth $33,605,000 after purchasing an additional 909,842 shares during the period. Falcon Wealth Planning purchased a new position in shares of PIMCO Multi Sector Bond Active ETF in the 3rd quarter worth about $24,230,000. Krilogy Financial LLC grew its position in PIMCO Multi Sector Bond Active ETF by 48.7% during the fourth quarter. Krilogy Financial LLC now owns 2,146,770 shares of the company’s stock valued at $55,644,000 after buying an additional 703,231 shares during the period. Finally, Gemmer Asset Management LLC purchased a new stake in PIMCO Multi Sector Bond Active ETF during the third quarter worth about $16,273,000.

PIMCO Multi Sector Bond Active ETF Stock Up 0.1 %

Shares of PYLD stock opened at $26.13 on Tuesday. PIMCO Multi Sector Bond Active ETF has a 52 week low of $25.11 and a 52 week high of $26.70. The firm’s 50-day simple moving average is $26.05 and its two-hundred day simple moving average is $26.19.

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.