Hickory Asset Management Inc. Invests $649,000 in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD)

Hickory Asset Management Inc. acquired a new position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 25,035 shares of the company’s stock, valued at approximately $649,000. Hickory Asset Management Inc. owned about 0.08% of PIMCO Multi Sector Bond Active ETF as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Peterson Financial Group Inc. bought a new stake in PIMCO Multi Sector Bond Active ETF during the third quarter valued at approximately $42,000. Global Trust Asset Management LLC purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF during the fourth quarter worth about $63,000. Eastern Bank purchased a new position in PIMCO Multi Sector Bond Active ETF in the 4th quarter worth approximately $65,000. New Wave Wealth Advisors LLC purchased a new stake in PIMCO Multi Sector Bond Active ETF during the 4th quarter valued at approximately $95,000. Finally, Kozak & Associates Inc. purchased a new position in shares of PIMCO Multi Sector Bond Active ETF in the fourth quarter worth $190,000.

PIMCO Multi Sector Bond Active ETF Price Performance

PYLD stock opened at $26.20 on Friday. PIMCO Multi Sector Bond Active ETF has a one year low of $25.11 and a one year high of $26.70. The company’s fifty day moving average price is $26.04 and its 200-day moving average price 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.