Smith Moore & CO. Buys New Shares in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD)

Smith Moore & CO. purchased a new position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 107,256 shares of the company’s stock, valued at approximately $2,780,000. Smith Moore & CO. owned about 0.36% of PIMCO Multi Sector Bond Active ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. PAX Financial Group LLC boosted its position in shares of PIMCO Multi Sector Bond Active ETF by 25.5% in the fourth quarter. PAX Financial Group LLC now owns 225,567 shares of the company’s stock worth $5,847,000 after acquiring an additional 45,767 shares during the last quarter. OneAscent Financial Services LLC purchased a new stake in PIMCO Multi Sector Bond Active ETF during the fourth quarter valued at about $1,055,000. Lokken Investment Group LLC increased its stake in PIMCO Multi Sector Bond Active ETF by 19.7% during the fourth quarter. Lokken Investment Group LLC now owns 225,404 shares of the company’s stock worth $5,842,000 after acquiring an additional 37,022 shares during the last quarter. National Bank of Canada FI raised its holdings in shares of PIMCO Multi Sector Bond Active ETF by 2,420.9% in the 4th quarter. National Bank of Canada FI now owns 3,983 shares of the company’s stock worth $103,000 after purchasing an additional 3,825 shares during the period. Finally, Mosaic Financial Group LLC acquired a new position in shares of PIMCO Multi Sector Bond Active ETF in the 4th quarter valued at about $590,000.

PIMCO Multi Sector Bond Active ETF Price Performance

PYLD opened at $26.35 on Friday. PIMCO Multi Sector Bond Active ETF has a 1 year low of $25.11 and a 1 year high of $26.70. The firm has a 50 day moving average price of $26.25 and a 200 day moving average price of $26.20.

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.