Riggs Capital Management LLC bought a new stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) during the fourth quarter, HoldingsChannel reports. The firm bought 12,534 shares of the company’s stock, valued at approximately $325,000.
Other hedge funds and other institutional investors have also modified their holdings of the company. Sanctuary Advisors LLC bought a new position in PIMCO Multi Sector Bond Active ETF in the third quarter valued at approximately $211,000. Stifel Financial Corp acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF in the 3rd quarter valued at approximately $1,951,000. Janney Montgomery Scott LLC grew its stake in shares of PIMCO Multi Sector Bond Active ETF by 220.5% in the fourth quarter. Janney Montgomery Scott LLC now owns 69,732 shares of the company’s stock valued at $1,807,000 after buying an additional 47,977 shares in the last quarter. Schmidt P J Investment Management Inc. increased its holdings in PIMCO Multi Sector Bond Active ETF by 10.6% during the fourth quarter. Schmidt P J Investment Management Inc. now owns 25,178 shares of the company’s stock worth $653,000 after buying an additional 2,405 shares during the last quarter. Finally, Parallel Advisors LLC raised its position in PIMCO Multi Sector Bond Active ETF by 66.1% during the fourth quarter. Parallel Advisors LLC now owns 158,917 shares of the company’s stock worth $4,119,000 after acquiring an additional 63,248 shares in the last quarter.
PIMCO Multi Sector Bond Active ETF Trading Up 0.2 %
Shares of PYLD stock opened at $26.32 on Monday. The company has a fifty day moving average price of $26.23 and a two-hundred day moving average price of $26.20. PIMCO Multi Sector Bond Active ETF has a one year low of $25.11 and a one year 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.
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