GSB Wealth Management LLC purchased a new position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) during the 4th quarter, HoldingsChannel reports. The fund purchased 53,783 shares of the company’s stock, valued at approximately $1,394,000.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Peterson Financial Group Inc. purchased a new position in shares of PIMCO Multi Sector Bond Active ETF in the third quarter worth about $42,000. Mather Group LLC. lifted its stake in shares of PIMCO Multi Sector Bond Active ETF by 60.1% in the third quarter. Mather Group LLC. now owns 1,758 shares of the company’s stock worth $47,000 after buying an additional 660 shares in the last quarter. Global Trust Asset Management LLC purchased a new position in shares of PIMCO Multi Sector Bond Active ETF in the fourth quarter worth about $63,000. Eastern Bank purchased a new position in shares of PIMCO Multi Sector Bond Active ETF in the fourth quarter worth about $65,000. Finally, Future Financial Wealth Managment LLC purchased a new position in shares of PIMCO Multi Sector Bond Active ETF in the third quarter worth about $167,000.
PIMCO Multi Sector Bond Active ETF Price Performance
NYSEARCA:PYLD opened at $26.08 on Friday. The company’s 50-day moving average price is $26.05 and its 200-day moving average price is $26.17. PIMCO Multi Sector Bond Active ETF has a twelve month low of $25.11 and a twelve month high of $26.70.
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.
Further Reading
- Five stocks we like better than PIMCO Multi Sector Bond Active ETF
- Insider Trading – What You Need to Know
- Dividend Powerhouses: Blue-Chip Stocks Built for the Long Haul
- Special Purpose Acquisition Company (SPAC) What You Need to Know
- Why Traders Are Buying the Dip on Johnson & Johnson Stock
- What Does Downgrade Mean in Investing?
- MarketBeat Week in Review – 01/20 – 01/24
Want to see what other hedge funds are holding PYLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report).
Receive News & Ratings for PIMCO Multi Sector Bond Active ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PIMCO Multi Sector Bond Active ETF and related companies with MarketBeat.com's FREE daily email newsletter.
