ERn Financial LLC Buys 285,193 Shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD)

ERn Financial LLC raised its stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 212.5% in the 4th quarter, HoldingsChannel.com reports. The firm owned 419,387 shares of the company’s stock after acquiring an additional 285,193 shares during the period. PIMCO Multi Sector Bond Active ETF comprises 1.6% of ERn Financial LLC’s holdings, making the stock its 16th largest position. ERn Financial LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $10,871,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the stock. Richard P Slaughter Associates Inc increased its stake in shares of PIMCO Multi Sector Bond Active ETF by 8.8% in the fourth quarter. Richard P Slaughter Associates Inc now owns 60,134 shares of the company’s stock worth $1,559,000 after buying an additional 4,885 shares during the period. Crestmont Private Wealth LLC increased its position in shares of PIMCO Multi Sector Bond Active ETF by 4.0% in the fourth quarter. Crestmont Private Wealth LLC now owns 425,983 shares of the company’s stock valued at $11,041,000 after acquiring an additional 16,243 shares during the period. Mayfair Advisory Group LLC bought a new position in shares of PIMCO Multi Sector Bond Active ETF during the fourth quarter valued at about $511,000. Breakwater Capital Group boosted its holdings in shares of PIMCO Multi Sector Bond Active ETF by 31.3% during the fourth quarter. Breakwater Capital Group now owns 82,659 shares of the company’s stock worth $2,143,000 after purchasing an additional 19,722 shares during the period. Finally, Cardinal Point Capital Management ULC boosted its holdings in shares of PIMCO Multi Sector Bond Active ETF by 3.9% during the fourth quarter. Cardinal Point Capital Management ULC now owns 852,885 shares of the company’s stock worth $22,218,000 after purchasing an additional 31,790 shares during the period.

PIMCO Multi Sector Bond Active ETF Stock Performance

Shares of NYSEARCA:PYLD opened at $25.92 on Thursday. The stock’s 50-day moving average is $26.05 and its 200 day moving average is $26.15. PIMCO Multi Sector Bond Active ETF has a 1 year low of $25.11 and a 1 year high of $26.70.

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.