PIMCO Multi Sector Bond Active ETF $PYLD is Blue Investment Partners LLC’s 5th Largest Position

Blue Investment Partners LLC increased its position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 7.1% during the second quarter, HoldingsChannel reports. The institutional investor owned 631,855 shares of the company’s stock after buying an additional 41,764 shares during the quarter. PIMCO Multi Sector Bond Active ETF accounts for about 5.9% of Blue Investment Partners LLC’s holdings, making the stock its 5th biggest position. Blue Investment Partners LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $16,769,000 at the end of the most recent reporting period.

Several other institutional investors also recently added to or reduced their stakes in the company. Advocacy Wealth Management Services LLC lifted its stake in PIMCO Multi Sector Bond Active ETF by 2,605.1% in the first quarter. Advocacy Wealth Management Services LLC now owns 3,011,220 shares of the company’s stock valued at $79,346,000 after buying an additional 2,899,903 shares during the last quarter. Envestnet Asset Management Inc. grew its position in shares of PIMCO Multi Sector Bond Active ETF by 96.7% during the second quarter. Envestnet Asset Management Inc. now owns 4,917,874 shares of the company’s stock worth $130,520,000 after acquiring an additional 2,417,746 shares during the last quarter. Apollon Wealth Management LLC acquired a new position in shares of PIMCO Multi Sector Bond Active ETF in the 1st quarter valued at $46,072,000. LPL Financial LLC raised its position in PIMCO Multi Sector Bond Active ETF by 41.2% in the 1st quarter. LPL Financial LLC now owns 5,799,134 shares of the company’s stock valued at $152,807,000 after purchasing an additional 1,691,854 shares during the last quarter. Finally, HighTower Advisors LLC raised its position in PIMCO Multi Sector Bond Active ETF by 56.4% in the 1st quarter. HighTower Advisors LLC now owns 4,056,400 shares of the company’s stock valued at $106,886,000 after purchasing an additional 1,463,026 shares during the last quarter.

PIMCO Multi Sector Bond Active ETF Price Performance

Shares of PIMCO Multi Sector Bond Active ETF stock opened at $26.72 on Thursday. PIMCO Multi Sector Bond Active ETF has a 1 year low of $25.42 and a 1 year high of $27.04. The company’s fifty day moving average is $26.80 and its two-hundred day moving average is $26.46.

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.