IFP Advisors Inc Buys Shares of 53,118 PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD)

IFP Advisors Inc purchased a new position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) in the 4th quarter, HoldingsChannel.com reports. The firm purchased 53,118 shares of the company’s stock, valued at approximately $1,377,000.

Other hedge funds also recently modified their holdings of the company. Peterson Financial Group Inc. bought a new position in PIMCO Multi Sector Bond Active ETF during the third quarter valued at $42,000. Kestra Investment Management LLC bought a new stake in shares of PIMCO Multi Sector Bond Active ETF in the fourth quarter valued at $53,000. Global Trust Asset Management LLC purchased a new position in shares of PIMCO Multi Sector Bond Active ETF during the 4th quarter valued at $63,000. Eastern Bank bought a new position in shares of PIMCO Multi Sector Bond Active ETF during the 4th quarter worth $65,000. Finally, New Wave Wealth Advisors LLC purchased a new stake in PIMCO Multi Sector Bond Active ETF in the 4th quarter worth about $95,000.

PIMCO Multi Sector Bond Active ETF Stock Performance

Shares of PIMCO Multi Sector Bond Active ETF stock opened at $26.43 on Thursday. PIMCO Multi Sector Bond Active ETF has a 52-week low of $25.11 and a 52-week high of $26.70. The stock’s 50-day simple moving average is $26.05 and its 200 day simple moving average is $26.21.

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.