Riverchase Wealth Management LLC Boosts Stock Position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD)

Riverchase Wealth Management LLC grew its stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 402.6% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 355,792 shares of the company’s stock after purchasing an additional 285,004 shares during the quarter. PIMCO Multi Sector Bond Active ETF makes up about 6.6% of Riverchase Wealth Management LLC’s holdings, making the stock its 6th largest position. Riverchase Wealth Management LLC owned approximately 0.20% of PIMCO Multi Sector Bond Active ETF worth $9,375,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of the stock. Alexander Labrunerie & CO. Inc. increased its position in PIMCO Multi Sector Bond Active ETF by 9.2% in the first quarter. Alexander Labrunerie & CO. Inc. now owns 33,203 shares of the company’s stock worth $875,000 after buying an additional 2,803 shares during the last quarter. Kingsview Wealth Management LLC increased its position in PIMCO Multi Sector Bond Active ETF by 16.2% in the first quarter. Kingsview Wealth Management LLC now owns 36,326 shares of the company’s stock worth $957,000 after buying an additional 5,062 shares during the last quarter. Concord Wealth Partners grew its position in shares of PIMCO Multi Sector Bond Active ETF by 101.5% in the first quarter. Concord Wealth Partners now owns 27,295 shares of the company’s stock valued at $719,000 after purchasing an additional 13,749 shares in the last quarter. Legacy Capital Wealth Partners LLC grew its position in shares of PIMCO Multi Sector Bond Active ETF by 44.9% in the first quarter. Legacy Capital Wealth Partners LLC now owns 36,909 shares of the company’s stock valued at $973,000 after purchasing an additional 11,438 shares in the last quarter. Finally, Allen Capital Group LLC grew its position in shares of PIMCO Multi Sector Bond Active ETF by 10.9% in the first quarter. Allen Capital Group LLC now owns 522,321 shares of the company’s stock valued at $13,763,000 after purchasing an additional 51,389 shares in the last quarter.

PIMCO Multi Sector Bond Active ETF Price Performance

Shares of NYSEARCA PYLD traded up $0.05 during mid-day trading on Friday, hitting $26.35. The company had a trading volume of 160,841 shares, compared to its average volume of 2,072,211. PIMCO Multi Sector Bond Active ETF has a 1 year low of $25.42 and a 1 year high of $26.70. The stock’s 50-day moving average price is $26.21 and its 200-day moving average price is $26.14.

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.