Investment Partners Asset Management Inc. Buys Shares of 62,451 PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD)

Investment Partners Asset Management Inc. purchased a new position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 62,451 shares of the company’s stock, valued at approximately $1,619,000. PIMCO Multi Sector Bond Active ETF accounts for about 1.3% of Investment Partners Asset Management Inc.’s investment portfolio, making the stock its 20th largest holding. Investment Partners Asset Management Inc. owned about 0.21% of PIMCO Multi Sector Bond Active ETF as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in PYLD. Beckerman Institutional LLC raised its stake in shares of PIMCO Multi Sector Bond Active ETF by 32.8% in the fourth quarter. Beckerman Institutional LLC now owns 23,994 shares of the company’s stock valued at $622,000 after acquiring an additional 5,931 shares in the last quarter. Castle Wealth Management LLC grew its stake in PIMCO Multi Sector Bond Active ETF by 13.1% during the 4th quarter. Castle Wealth Management LLC now owns 485,134 shares of the company’s stock worth $12,635,000 after purchasing an additional 56,203 shares in the last quarter. Financial Connections Group Inc. increased its holdings in PIMCO Multi Sector Bond Active ETF by 8.0% during the 4th quarter. Financial Connections Group Inc. now owns 31,038 shares of the company’s stock worth $804,000 after purchasing an additional 2,303 shares during the period. JSF Financial LLC acquired a new stake in PIMCO Multi Sector Bond Active ETF in the 4th quarter valued at about $28,102,000. Finally, Stonebridge Financial Group LLC purchased a new position in shares of PIMCO Multi Sector Bond Active ETF in the 4th quarter valued at about $2,787,000.

PIMCO Multi Sector Bond Active ETF Price Performance

Shares of PIMCO Multi Sector Bond Active ETF stock opened at $26.04 on Thursday. The business has a 50-day simple moving average of $26.04 and a 200-day simple moving average of $26.19. PIMCO Multi Sector Bond Active ETF has a one year low of $25.11 and a one year high of $26.70.

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.