AssuredPartners Investment Advisors LLC Has $2.89 Million Position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD)

AssuredPartners Investment Advisors LLC boosted its stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 4.6% in the 1st quarter, HoldingsChannel.com reports. The fund owned 109,485 shares of the company’s stock after purchasing an additional 4,840 shares during the quarter. AssuredPartners Investment Advisors LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $2,885,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of PYLD. Bank of America Corp DE raised its holdings in shares of PIMCO Multi Sector Bond Active ETF by 805,843.9% in the fourth 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 last quarter. LPL Financial LLC raised its holdings in shares of 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 buying an additional 1,941,964 shares during the last quarter. Advance Capital Management Inc. bought a new position in shares of PIMCO Multi Sector Bond Active ETF in the first quarter valued at about $49,876,000. Fragasso Financial Advisors Inc bought a new stake in shares of PIMCO Multi Sector Bond Active ETF during the first quarter valued at approximately $48,718,000. Finally, Independent Advisor Alliance bought a new stake in shares of PIMCO Multi Sector Bond Active ETF during the fourth quarter valued at approximately $36,104,000.

PIMCO Multi Sector Bond Active ETF Price Performance

PYLD opened at $26.34 on Tuesday. PIMCO Multi Sector Bond Active ETF has a one year low of $25.42 and a one year high of $26.70. The company’s 50 day simple moving average is $26.07 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.