PFG Advisors Acquires Shares of 23,013 PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD)

PFG Advisors acquired a new stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 23,013 shares of the company’s stock, valued at approximately $596,000. PFG Advisors owned about 0.08% of PIMCO Multi Sector Bond Active ETF as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of PYLD. HighTower Advisors LLC raised its holdings in shares of PIMCO Multi Sector Bond Active ETF by 26.5% during the fourth quarter. HighTower Advisors LLC now owns 2,593,374 shares of the company’s stock valued at $67,220,000 after acquiring an additional 544,077 shares in the last quarter. Independent Advisor Alliance purchased a new stake in PIMCO Multi Sector Bond Active ETF in the fourth quarter worth $36,104,000. Larson Financial Group LLC grew its stake in PIMCO Multi Sector Bond Active ETF by 114.9% in the fourth quarter. Larson Financial Group LLC now owns 35,767 shares of the company’s stock worth $927,000 after purchasing an additional 19,125 shares during the period. PNC Financial Services Group Inc. purchased a new stake in PIMCO Multi Sector Bond Active ETF in the fourth quarter worth $76,000. Finally, Foundry Financial Group Inc. grew its stake in PIMCO Multi Sector Bond Active ETF by 14.4% in the fourth quarter. Foundry Financial Group Inc. now owns 59,161 shares of the company’s stock worth $1,533,000 after purchasing an additional 7,445 shares during the period.

PIMCO Multi Sector Bond Active ETF Price Performance

NYSEARCA PYLD opened at $26.23 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’s fifty day moving average price is $26.14 and its 200-day moving average price is $26.21.

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.