True Wealth Design LLC Acquires New Position in PIMCO Multi Sector Bond Active ETF $PYLD

True Wealth Design LLC bought a new position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 68,144 shares of the company’s stock, valued at approximately $1,809,000. PIMCO Multi Sector Bond Active ETF makes up about 0.6% of True Wealth Design LLC’s holdings, making the stock its 17th biggest holding.

A number of other institutional investors also recently modified their holdings of PYLD. Advocacy Wealth Management Services LLC increased its stake in shares of PIMCO Multi Sector Bond Active ETF by 2,605.1% in the first quarter. Advocacy Wealth Management Services LLC now owns 3,011,220 shares of the company’s stock worth $79,346,000 after acquiring an additional 2,899,903 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in PIMCO Multi Sector Bond Active ETF by 96.7% in the second quarter. Envestnet Asset Management Inc. now owns 4,917,874 shares of the company’s stock valued at $130,520,000 after purchasing an additional 2,417,746 shares in the last quarter. Apollon Wealth Management LLC acquired a new position in PIMCO Multi Sector Bond Active ETF in the 1st quarter worth about $46,072,000. LPL Financial LLC increased its position in PIMCO Multi Sector Bond Active ETF by 41.2% in the 1st quarter. LPL Financial LLC now owns 5,799,134 shares of the company’s stock worth $152,807,000 after purchasing an additional 1,691,854 shares during the last quarter. Finally, HighTower Advisors LLC raised its stake in shares of PIMCO Multi Sector Bond Active ETF by 56.4% during the 1st 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 in the last quarter.

PIMCO Multi Sector Bond Active ETF Trading Down 0.0%

NYSEARCA PYLD opened at $26.75 on Friday. PIMCO Multi Sector Bond Active ETF has a 12-month low of $25.42 and a 12-month high of $27.04. The company has a 50 day moving average price of $26.81 and a two-hundred day moving average price of $26.47.

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.