HighTower Advisors LLC Grows Stock Position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD)

HighTower Advisors LLC increased its holdings in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 26.5% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,593,374 shares of the company’s stock after buying an additional 544,077 shares during the period. HighTower Advisors LLC owned about 8.66% of PIMCO Multi Sector Bond Active ETF worth $67,220,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the company. Krilogy Financial LLC raised its stake in PIMCO Multi Sector Bond Active ETF by 48.7% in the 4th quarter. Krilogy Financial LLC now owns 2,146,770 shares of the company’s stock valued at $55,644,000 after purchasing an additional 703,231 shares during the last quarter. TruWealth Advisors LLC acquired a new position in shares of PIMCO Multi Sector Bond Active ETF during the 4th quarter valued at about $46,875,000. Falcon Wealth Planning increased its stake in shares of PIMCO Multi Sector Bond Active ETF by 76.3% during the 4th quarter. Falcon Wealth Planning now owns 1,603,290 shares of the company’s stock valued at $41,557,000 after acquiring an additional 694,092 shares during the last quarter. Independent Advisor Alliance acquired a new position in shares of PIMCO Multi Sector Bond Active ETF during the 4th quarter valued at about $36,104,000. Finally, Family Investment Center Inc. increased its stake in shares of PIMCO Multi Sector Bond Active ETF by 8.3% during the 4th quarter. Family Investment Center Inc. now owns 1,365,230 shares of the company’s stock valued at $35,387,000 after acquiring an additional 104,271 shares during the last quarter.

PIMCO Multi Sector Bond Active ETF Stock Down 0.2 %

NYSEARCA PYLD opened at $26.24 on Thursday. PIMCO Multi Sector Bond Active ETF has a 12 month low of $25.11 and a 12 month high of $26.70. The company has a 50-day moving average of $26.13 and a 200-day moving average of $26.21.

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.