Litman Gregory Wealth Management LLC Invests $272,000 in PIMCO Multi Sector Bond Active ETF $PYLD

Litman Gregory Wealth Management LLC acquired a new position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 10,245 shares of the company’s stock, valued at approximately $272,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Golden State Wealth Management LLC increased its stake in PIMCO Multi Sector Bond Active ETF by 12.3% in the first quarter. Golden State Wealth Management LLC now owns 16,925 shares of the company’s stock valued at $446,000 after acquiring an additional 1,848 shares during the last quarter. Cozad Asset Management Inc. lifted its holdings in PIMCO Multi Sector Bond Active ETF by 14.7% during the 1st quarter. Cozad Asset Management Inc. now owns 31,470 shares of the company’s stock worth $829,000 after buying an additional 4,040 shares during the period. Sequoia Financial Advisors LLC lifted its stake in shares of PIMCO Multi Sector Bond Active ETF by 19.1% in the first quarter. Sequoia Financial Advisors LLC now owns 3,556,648 shares of the company’s stock worth $93,718,000 after acquiring an additional 570,359 shares during the period. Cherrydale Wealth Management LLC boosted its position in shares of PIMCO Multi Sector Bond Active ETF by 8.5% during the 2nd quarter. Cherrydale Wealth Management LLC now owns 136,523 shares of the company’s stock valued at $3,623,000 after purchasing an additional 10,748 shares in the last quarter. Finally, Flynn Zito Capital Management LLC lifted its position in shares of PIMCO Multi Sector Bond Active ETF by 356.4% during the 1st quarter. Flynn Zito Capital Management LLC now owns 320,509 shares of the company’s stock valued at $8,445,000 after acquiring an additional 250,276 shares during the period.

PIMCO Multi Sector Bond Active ETF Stock Performance

Shares of PYLD opened at $26.74 on Monday. The stock has a 50-day moving average of $26.66 and a 200-day moving average of $26.33. PIMCO Multi Sector Bond Active ETF has a one year low of $25.42 and a one year high of $26.96.

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.