LexAurum Advisors LLC raised its stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) by 2,988.5% during the second quarter, HoldingsChannel reports. The firm owned 543,232 shares of the company’s stock after purchasing an additional 525,643 shares during the quarter. PIMCO Multi Sector Bond Active ETF makes up about 2.3% of LexAurum Advisors LLC’s investment portfolio, making the stock its 9th largest position. LexAurum Advisors LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $14,417,000 as of its most recent SEC filing.
A number of other hedge funds have also bought and sold shares of the stock. LPL Financial LLC increased its stake in PIMCO Multi Sector Bond Active ETF by 41.2% during the 1st quarter. LPL Financial LLC now owns 5,799,134 shares of the company’s stock valued at $152,807,000 after purchasing an additional 1,691,854 shares in the last quarter. Retirement Planning Group LLC increased its stake in shares of PIMCO Multi Sector Bond Active ETF by 19.2% in the first quarter. Retirement Planning Group LLC now owns 4,489,336 shares of the company’s stock worth $118,294,000 after acquiring an additional 722,451 shares during the period. HighTower Advisors LLC raised its holdings in shares of PIMCO Multi Sector Bond Active ETF by 56.4% during the first quarter. HighTower Advisors LLC now owns 4,056,400 shares of the company’s stock worth $106,886,000 after purchasing an additional 1,463,026 shares during the last quarter. Sequoia Financial Advisors LLC raised its holdings in shares of PIMCO Multi Sector Bond Active ETF by 19.1% during the first quarter. Sequoia Financial Advisors LLC now owns 3,556,648 shares of the company’s stock worth $93,718,000 after purchasing an additional 570,359 shares during the last quarter. Finally, NewEdge Advisors LLC raised its holdings in shares of PIMCO Multi Sector Bond Active ETF by 25.4% during the first quarter. NewEdge Advisors LLC now owns 3,341,951 shares of the company’s stock worth $88,060,000 after purchasing an additional 676,475 shares during the last quarter.
PIMCO Multi Sector Bond Active ETF Price Performance
Shares of PIMCO Multi Sector Bond Active ETF stock opened at $26.81 on Tuesday. The firm has a fifty day moving average price of $26.63 and a 200 day moving average price of $26.32. PIMCO Multi Sector Bond Active ETF has a 1 year low of $25.42 and a 1 year high of $26.96.
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.
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