PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) Shares Purchased by RFG Advisory LLC

RFG Advisory LLC lifted its stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 116.6% during the first quarter, Holdings Channel reports. The fund owned 57,849 shares of the company’s stock after purchasing an additional 31,137 shares during the quarter. RFG Advisory LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $1,524,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Bank of America Corp DE grew its stake in shares of PIMCO Multi Sector Bond Active ETF by 805,843.9% during the 4th quarter. Bank of America Corp DE now owns 3,175,419 shares of the company’s stock valued at $82,307,000 after buying an additional 3,175,025 shares during the period. LPL Financial LLC boosted its holdings in PIMCO Multi Sector Bond Active ETF by 89.7% in the fourth quarter. LPL Financial LLC now owns 4,107,280 shares of the company’s stock valued at $106,461,000 after acquiring an additional 1,941,964 shares during the last quarter. Advance Capital Management Inc. acquired a new position in PIMCO Multi Sector Bond Active ETF in the first quarter valued at $49,876,000. Fragasso Financial Advisors Inc purchased a new stake in PIMCO Multi Sector Bond Active ETF during the first quarter valued at about $48,718,000. Finally, Independent Advisor Alliance acquired a new stake in PIMCO Multi Sector Bond Active ETF during the fourth quarter worth about $36,104,000.

PIMCO Multi Sector Bond Active ETF Stock Up 0.5%

NYSEARCA PYLD opened at $26.21 on Thursday. PIMCO Multi Sector Bond Active ETF has a 1-year low of $25.42 and a 1-year high of $26.70. The business’s 50-day simple moving average is $26.01 and its 200-day simple moving average is $26.10.

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.