Pasadena Private Wealth LLC Buys 2,108 Shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD)

Pasadena Private Wealth LLC increased its stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 17.2% during the 4th quarter, Holdings Channel.com reports. The firm owned 14,345 shares of the company’s stock after acquiring an additional 2,108 shares during the quarter. Pasadena Private Wealth LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $372,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Peterson Financial Group Inc. bought a new position in PIMCO Multi Sector Bond Active ETF in the 3rd quarter valued at $42,000. Kestra Investment Management LLC bought a new position in PIMCO Multi Sector Bond Active ETF in the fourth quarter valued at about $53,000. Global Trust Asset Management LLC acquired a new stake in PIMCO Multi Sector Bond Active ETF in the fourth quarter worth about $63,000. Eastern Bank bought a new stake in PIMCO Multi Sector Bond Active ETF during the 4th quarter worth about $65,000. Finally, New Wave Wealth Advisors LLC acquired a new position in PIMCO Multi Sector Bond Active ETF during the 4th quarter valued at about $95,000.

PIMCO Multi Sector Bond Active ETF Trading Down 0.2 %

Shares of NYSEARCA:PYLD opened at $26.15 on Wednesday. The company has a 50 day moving average of $26.04 and a 200-day moving average 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 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.