Pictet North America Advisors SA Acquires 348,777 Shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD)

Pictet North America Advisors SA boosted its position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 68.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 858,255 shares of the company’s stock after acquiring an additional 348,777 shares during the period. PIMCO Multi Sector Bond Active ETF accounts for 2.1% of Pictet North America Advisors SA’s investment portfolio, making the stock its 11th biggest holding. Pictet North America Advisors SA owned approximately 2.86% of PIMCO Multi Sector Bond Active ETF worth $22,246,000 at the end of the most recent reporting period.

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

PIMCO Multi Sector Bond Active ETF Stock Up 0.4 %

PYLD opened at $26.15 on Friday. The company has a fifty day moving average price of $26.04 and a two-hundred day moving average price of $26.19. PIMCO Multi Sector Bond Active ETF has a 52 week low of $25.11 and a 52 week high of $26.70.

PIMCO Multi Sector Bond Active ETF Company 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.