USAdvisors Wealth Management LLC Increases Stock Holdings in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD)

USAdvisors Wealth Management LLC raised its holdings in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 22.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 51,916 shares of the company’s stock after buying an additional 9,360 shares during the quarter. USAdvisors Wealth Management LLC owned about 0.17% of PIMCO Multi Sector Bond Active ETF worth $1,345,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in PYLD. TruWealth Advisors LLC acquired a new position in shares of PIMCO Multi Sector Bond Active ETF during the fourth quarter valued at about $46,875,000. Family Investment Center Inc. grew its position in PIMCO Multi Sector Bond Active ETF by 259.1% during the 3rd quarter. Family Investment Center Inc. now owns 1,260,959 shares of the company’s stock worth $33,605,000 after purchasing an additional 909,842 shares during the last quarter. Falcon Wealth Planning acquired a new position in PIMCO Multi Sector Bond Active ETF during the 3rd quarter valued at approximately $24,230,000. Retirement Planning Group LLC raised its holdings in shares of PIMCO Multi Sector Bond Active ETF by 47.2% in the third quarter. Retirement Planning Group LLC now owns 2,748,900 shares of the company’s stock worth $73,258,000 after buying an additional 880,999 shares during the last quarter. Finally, Cardinal Point Capital Management ULC lifted its stake in shares of PIMCO Multi Sector Bond Active ETF by 912.3% during the third quarter. Cardinal Point Capital Management ULC now owns 821,095 shares of the company’s stock worth $21,882,000 after buying an additional 739,985 shares during the period.

PIMCO Multi Sector Bond Active ETF Price Performance

NYSEARCA PYLD opened at $26.13 on Thursday. The stock’s fifty day moving average price is $26.06 and its 200 day moving average price is $26.18. 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.