Riverchase Wealth Management LLC Invests $1.84 Million in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD)

Riverchase Wealth Management LLC purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 70,788 shares of the company’s stock, valued at approximately $1,835,000. PIMCO Multi Sector Bond Active ETF comprises about 1.4% of Riverchase Wealth Management LLC’s investment portfolio, making the stock its 16th largest position. Riverchase Wealth Management LLC owned about 0.24% of PIMCO Multi Sector Bond Active ETF at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in PYLD. Sanctuary Advisors LLC bought a new position in shares of PIMCO Multi Sector Bond Active ETF in the third quarter valued at approximately $211,000. Stifel Financial Corp bought a new position in PIMCO Multi Sector Bond Active ETF in the 3rd quarter valued at $1,951,000. Janney Montgomery Scott LLC boosted its stake in PIMCO Multi Sector Bond Active ETF by 220.5% in the fourth quarter. Janney Montgomery Scott LLC now owns 69,732 shares of the company’s stock worth $1,807,000 after purchasing an additional 47,977 shares in the last quarter. Schmidt P J Investment Management Inc. grew its holdings in shares of PIMCO Multi Sector Bond Active ETF by 10.6% during the fourth quarter. Schmidt P J Investment Management Inc. now owns 25,178 shares of the company’s stock worth $653,000 after purchasing an additional 2,405 shares during the last quarter. Finally, New Century Financial Group LLC increased its stake in shares of PIMCO Multi Sector Bond Active ETF by 20.8% in the fourth quarter. New Century Financial Group LLC now owns 38,969 shares of the company’s stock valued at $1,010,000 after buying an additional 6,723 shares in the last quarter.

PIMCO Multi Sector Bond Active ETF Stock Down 0.0 %

PIMCO Multi Sector Bond Active ETF stock opened at $26.26 on Friday. PIMCO Multi Sector Bond Active ETF has a 12-month low of $25.11 and a 12-month high of $26.70. The stock has a 50-day simple moving average of $26.22 and a 200 day simple moving average of $26.21.

About PIMCO Multi Sector Bond Active ETF

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.