Flynn Zito Capital Management LLC Makes New Investment in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD)

Flynn Zito Capital Management LLC bought a new stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) in the 4th quarter, HoldingsChannel reports. The fund bought 70,233 shares of the company’s stock, valued at approximately $1,820,000. PIMCO Multi Sector Bond Active ETF accounts for about 0.8% of Flynn Zito Capital Management LLC’s portfolio, making the stock its 20th biggest holding.

Several other large investors have also recently made changes to their positions in the business. Private Advisor Group LLC grew its position in shares of PIMCO Multi Sector Bond Active ETF by 71.9% in the third quarter. Private Advisor Group LLC now owns 48,706 shares of the company’s stock valued at $1,298,000 after purchasing an additional 20,364 shares in the last quarter. Mutual Advisors LLC grew its holdings in PIMCO Multi Sector Bond Active ETF by 115.3% during the 3rd quarter. Mutual Advisors LLC now owns 184,699 shares of the company’s stock valued at $4,835,000 after buying an additional 98,894 shares in the last quarter. Trajan Wealth LLC bought a new stake in shares of PIMCO Multi Sector Bond Active ETF during the third quarter valued at about $15,687,000. Financial Advocates Investment Management purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF in the third quarter worth about $407,000. Finally, Farther Finance Advisors LLC purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF in the third quarter worth about $651,000.

PIMCO Multi Sector Bond Active ETF Trading Up 0.2 %

NYSEARCA PYLD opened at $26.43 on Thursday. The company’s 50 day simple moving average is $26.05 and its two-hundred day simple moving average is $26.21. PIMCO Multi Sector Bond Active ETF has a 1 year low of $25.11 and a 1 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.