Concord Wealth Partners Acquires 13,749 Shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD)

Concord Wealth Partners raised its position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 101.5% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 27,295 shares of the company’s stock after purchasing an additional 13,749 shares during the quarter. Concord Wealth Partners’ holdings in PIMCO Multi Sector Bond Active ETF were worth $719,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Golden State Wealth Management LLC raised its holdings in shares of PIMCO Multi Sector Bond Active ETF by 12.3% during the 1st quarter. Golden State Wealth Management LLC now owns 16,925 shares of the company’s stock worth $446,000 after acquiring an additional 1,848 shares during the period. Sequoia Financial Advisors LLC grew its stake in PIMCO Multi Sector Bond Active ETF by 19.1% during the 1st quarter. Sequoia Financial Advisors LLC now owns 3,556,648 shares of the company’s stock valued at $93,718,000 after purchasing an additional 570,359 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of PIMCO Multi Sector Bond Active ETF by 2,973.5% in the 4th quarter. JPMorgan Chase & Co. now owns 921,419 shares of the company’s stock worth $23,883,000 after purchasing an additional 891,440 shares during the last quarter. Bridgewealth Advisory Group LLC raised its stake in shares of PIMCO Multi Sector Bond Active ETF by 21.7% in the 4th quarter. Bridgewealth Advisory Group LLC now owns 780,871 shares of the company’s stock worth $20,420,000 after buying an additional 139,413 shares in the last quarter. Finally, Avaii Wealth Management LLC grew its holdings in shares of PIMCO Multi Sector Bond Active ETF by 82.5% during the first quarter. Avaii Wealth Management LLC now owns 20,636 shares of the company’s stock valued at $544,000 after buying an additional 9,328 shares in the last quarter.

PIMCO Multi Sector Bond Active ETF Stock Performance

NYSEARCA PYLD opened at $26.30 on Friday. PIMCO Multi Sector Bond Active ETF has a one year low of $25.42 and a one year high of $26.70. The stock’s 50 day simple moving average is $26.21 and its 200 day simple moving average is $26.14.

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.