Bleakley Financial Group LLC Raises Stock Holdings in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD)

Bleakley Financial Group LLC increased its position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 39.2% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 159,745 shares of the company’s stock after acquiring an additional 45,000 shares during the period. Bleakley Financial Group LLC owned approximately 0.53% of PIMCO Multi Sector Bond Active ETF worth $4,115,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in PYLD. Krilogy Financial LLC raised its stake in PIMCO Multi Sector Bond Active ETF by 1,063.1% in the 4th quarter. Krilogy Financial LLC now owns 893,042 shares of the company’s stock worth $22,920,000 after acquiring an additional 816,262 shares during the last quarter. Pictet North America Advisors SA purchased a new position in shares of PIMCO Multi Sector Bond Active ETF during the 1st quarter valued at about $18,920,000. Sanchez Wealth Management Group purchased a new position in shares of PIMCO Multi Sector Bond Active ETF during the 4th quarter valued at about $16,821,000. Beta Wealth Group Inc. purchased a new position in shares of PIMCO Multi Sector Bond Active ETF during the 4th quarter valued at about $12,482,000. Finally, Precision Wealth Strategies LLC purchased a new position in shares of PIMCO Multi Sector Bond Active ETF during the 1st quarter valued at about $11,002,000.

PIMCO Multi Sector Bond Active ETF Stock Performance

Shares of NYSEARCA PYLD traded down $0.04 during trading on Wednesday, reaching $25.98. 167,059 shares of the company traded hands, compared to its average volume of 351,693. The firm’s fifty day simple moving average is $25.64 and its 200 day simple moving average is $25.55. PIMCO Multi Sector Bond Active ETF has a 12-month low of $23.76 and a 12-month high of $26.02.

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.