Sheridan Capital Management LLC Invests $953,000 in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD)

Sheridan Capital Management LLC acquired a new position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) during the fourth quarter, HoldingsChannel.com reports. The fund acquired 36,752 shares of the company’s stock, valued at approximately $953,000. PIMCO Multi Sector Bond Active ETF accounts for approximately 0.7% of Sheridan Capital Management LLC’s investment portfolio, making the stock its 21st largest holding.

Several other large investors have also added to or reduced their stakes in PYLD. Summit Investment Advisory Services LLC increased its position in shares of PIMCO Multi Sector Bond Active ETF by 54.9% during the 4th quarter. Summit Investment Advisory Services LLC now owns 11,706 shares of the company’s stock worth $303,000 after purchasing an additional 4,147 shares during the last quarter. Avaii Wealth Management LLC bought a new position in shares of PIMCO Multi Sector Bond Active ETF in the 4th quarter valued at about $293,000. GSB Wealth Management LLC acquired a new position in shares of PIMCO Multi Sector Bond Active ETF during the 4th quarter worth about $1,394,000. Geneos Wealth Management Inc. acquired a new position in shares of PIMCO Multi Sector Bond Active ETF during the 4th quarter worth about $328,000. Finally, Dynamic Advisor Solutions LLC raised its holdings in shares of PIMCO Multi Sector Bond Active ETF by 6.2% in the 4th quarter. Dynamic Advisor Solutions LLC now owns 54,915 shares of the company’s stock valued at $1,423,000 after purchasing an additional 3,189 shares during the period.

PIMCO Multi Sector Bond Active ETF Trading Up 0.3 %

PIMCO Multi Sector Bond Active ETF stock opened at $26.15 on Tuesday. The stock has a 50-day simple moving average of $26.05 and a 200 day simple moving average of $26.18. PIMCO Multi Sector Bond Active ETF has a 52 week low of $25.11 and a 52 week 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.