Rainey & Randall Wealth Advisors Inc. Takes Position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD)

Rainey & Randall Wealth Advisors Inc. acquired a new position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 62,336 shares of the company’s stock, valued at approximately $1,624,000. PIMCO Multi Sector Bond Active ETF accounts for about 0.3% of Rainey & Randall Wealth Advisors Inc.’s portfolio, making the stock its 24th biggest position.

A number of other hedge funds and other institutional investors also recently made changes to their positions in PYLD. Element Wealth LLC raised its holdings in PIMCO Multi Sector Bond Active ETF by 4,263.4% during the 4th quarter. Element Wealth LLC now owns 33,598 shares of the company’s stock worth $871,000 after purchasing an additional 32,828 shares during the last quarter. Dahring Cusmano LLC acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF during the fourth quarter worth $11,459,000. Legacy Capital Group California Inc. raised its stake in PIMCO Multi Sector Bond Active ETF by 1.2% during the fourth quarter. Legacy Capital Group California Inc. now owns 128,259 shares of the company’s stock worth $3,324,000 after buying an additional 1,577 shares during the last quarter. Private Advisor Group LLC lifted its holdings in PIMCO Multi Sector Bond Active ETF by 326.6% in the fourth quarter. Private Advisor Group LLC now owns 207,798 shares of the company’s stock valued at $5,386,000 after buying an additional 159,092 shares during the period. Finally, Strata Wealth Advisors LLC boosted its position in PIMCO Multi Sector Bond Active ETF by 3.0% during the fourth quarter. Strata Wealth Advisors LLC now owns 226,768 shares of the company’s stock valued at $5,878,000 after acquiring an additional 6,541 shares during the last quarter.

PIMCO Multi Sector Bond Active ETF Trading Up 0.2 %

Shares of PIMCO Multi Sector Bond Active ETF stock opened at $26.28 on Friday. The business has a 50-day moving average price of $26.04 and a two-hundred day moving average price of $26.20. 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 Company 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.