HUB Investment Partners LLC Boosts Stock Position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD)

HUB Investment Partners LLC grew its stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 11.1% during the 4th quarter, HoldingsChannel reports. The fund owned 1,095,102 shares of the company’s stock after buying an additional 109,073 shares during the period. PIMCO Multi Sector Bond Active ETF comprises 1.2% of HUB Investment Partners LLC’s portfolio, making the stock its 15th biggest holding. HUB Investment Partners LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $28,385,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. TruWealth Advisors LLC bought a new position in shares of PIMCO Multi Sector Bond Active ETF in the fourth quarter worth $46,875,000. Independent Advisor Alliance bought a new position in PIMCO Multi Sector Bond Active ETF in the fourth quarter valued at $36,104,000. JSF Financial LLC bought a new position in PIMCO Multi Sector Bond Active ETF in the fourth quarter valued at $28,102,000. Dynasty Wealth Management LLC bought a new position in PIMCO Multi Sector Bond Active ETF in the fourth quarter valued at $23,914,000. Finally, Commonwealth Equity Services LLC increased its stake in PIMCO Multi Sector Bond Active ETF by 559.0% in the fourth quarter. Commonwealth Equity Services LLC now owns 928,628 shares of the company’s stock valued at $24,070,000 after acquiring an additional 787,710 shares during the last quarter.

PIMCO Multi Sector Bond Active ETF Stock Up 0.2 %

Shares of NYSEARCA:PYLD opened at $26.34 on Thursday. The stock’s 50-day moving average price is $26.17 and its 200-day moving average price is $26.21. PIMCO Multi Sector Bond Active ETF has a 12-month low of $25.11 and a 12-month high of $26.70.

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.