Advocacy Wealth Management Services LLC Purchases New Shares in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD)

Advocacy Wealth Management Services LLC acquired a new position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 98,178 shares of the company’s stock, valued at approximately $2,616,000.

A number of other large investors have also added to or reduced their stakes in PYLD. Cape Investment Advisory Inc. purchased a new stake in PIMCO Multi Sector Bond Active ETF during the first quarter worth about $25,000. Mather Group LLC. purchased a new stake in PIMCO Multi Sector Bond Active ETF during the second quarter worth about $28,000. First Horizon Advisors Inc. purchased a new stake in PIMCO Multi Sector Bond Active ETF during the second quarter worth about $28,000. Mark Sheptoff Financial Planning LLC purchased a new stake in PIMCO Multi Sector Bond Active ETF during the first quarter worth about $53,000. Finally, Future Financial Wealth Managment LLC purchased a new stake in PIMCO Multi Sector Bond Active ETF during the third quarter worth about $167,000.

PIMCO Multi Sector Bond Active ETF Stock Performance

NYSEARCA PYLD opened at $26.08 on Friday. PIMCO Multi Sector Bond Active ETF has a 52-week low of $24.33 and a 52-week high of $26.70. The company has a 50-day simple moving average of $26.37 and a 200 day simple moving average of $25.98.

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.