LPL Financial LLC Purchases 1,941,964 Shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD)

LPL Financial LLC grew its position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 89.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,107,280 shares of the company’s stock after acquiring an additional 1,941,964 shares during the quarter. LPL Financial LLC owned 13.71% of PIMCO Multi Sector Bond Active ETF worth $106,461,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Bleakley Financial Group LLC increased its position in PIMCO Multi Sector Bond Active ETF by 0.3% in the fourth quarter. Bleakley Financial Group LLC now owns 160,692 shares of the company’s stock worth $4,165,000 after purchasing an additional 454 shares during the last quarter. WestHill Financial Advisors Inc. grew its position in PIMCO Multi Sector Bond Active ETF by 1.6% in the fourth quarter. WestHill Financial Advisors Inc. now owns 39,137 shares of the company’s stock worth $1,014,000 after acquiring an additional 631 shares in the last quarter. ORBA Wealth Advisors L.L.C. increased its stake in PIMCO Multi Sector Bond Active ETF by 0.6% during the fourth quarter. ORBA Wealth Advisors L.L.C. now owns 114,866 shares of the company’s stock worth $2,977,000 after acquiring an additional 697 shares during the last quarter. IHT Wealth Management LLC raised its position in PIMCO Multi Sector Bond Active ETF by 3.2% during the third quarter. IHT Wealth Management LLC now owns 27,336 shares of the company’s stock valued at $728,000 after purchasing an additional 837 shares during the period. Finally, Freedom Investment Management Inc. lifted its stake in shares of PIMCO Multi Sector Bond Active ETF by 1.7% in the 3rd quarter. Freedom Investment Management Inc. now owns 52,883 shares of the company’s stock valued at $1,409,000 after purchasing an additional 889 shares during the last quarter.

PIMCO Multi Sector Bond Active ETF Stock Performance

Shares of PYLD opened at $26.32 on Wednesday. The business has a fifty day moving average of $26.21 and a 200 day moving average of $26.21. PIMCO Multi Sector Bond Active ETF has a 52-week low of $25.11 and a 52-week 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.