PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) Shares Acquired by Breakwater Capital Group

Breakwater Capital Group boosted its position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 31.3% in the fourth quarter, Holdings Channel.com reports. The firm owned 82,659 shares of the company’s stock after acquiring an additional 19,722 shares during the period. Breakwater Capital Group’s holdings in PIMCO Multi Sector Bond Active ETF were worth $2,143,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in PYLD. Retirement Planning Group LLC grew its stake in shares of PIMCO Multi Sector Bond Active ETF by 47.2% during the third quarter. Retirement Planning Group LLC now owns 2,748,900 shares of the company’s stock valued at $73,258,000 after acquiring an additional 880,999 shares in the last quarter. Sequoia Financial Advisors LLC boosted its holdings in PIMCO Multi Sector Bond Active ETF by 13.5% in the third quarter. Sequoia Financial Advisors LLC now owns 2,583,787 shares of the company’s stock valued at $68,858,000 after purchasing an additional 307,816 shares during the last quarter. HighTower Advisors LLC grew its stake in PIMCO Multi Sector Bond Active ETF by 6.1% during the 3rd quarter. HighTower Advisors LLC now owns 2,049,297 shares of the company’s stock valued at $54,605,000 after purchasing an additional 118,104 shares in the last quarter. NewEdge Advisors LLC increased its holdings in PIMCO Multi Sector Bond Active ETF by 409.8% during the 2nd quarter. NewEdge Advisors LLC now owns 1,464,239 shares of the company’s stock worth $37,543,000 after purchasing an additional 1,177,009 shares during the last quarter. Finally, Family Investment Center Inc. raised its position in shares of PIMCO Multi Sector Bond Active ETF by 259.1% in the 3rd quarter. Family Investment Center Inc. now owns 1,260,959 shares of the company’s stock valued at $33,605,000 after purchasing an additional 909,842 shares in the last quarter.

PIMCO Multi Sector Bond Active ETF Price Performance

PYLD stock opened at $25.77 on Tuesday. The firm has a 50 day simple moving average of $26.06 and a 200-day simple moving average of $26.15. PIMCO Multi Sector Bond Active ETF has a twelve month low of $25.11 and a twelve month 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.