Avaii Wealth Management LLC Boosts Stock Position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD)

Avaii Wealth Management LLC increased its stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 82.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,636 shares of the company’s stock after purchasing an additional 9,328 shares during the quarter. Avaii Wealth Management LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $544,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Bank of America Corp DE grew its holdings in shares of PIMCO Multi Sector Bond Active ETF by 805,843.9% during the 4th quarter. Bank of America Corp DE now owns 3,175,419 shares of the company’s stock worth $82,307,000 after purchasing an additional 3,175,025 shares during the period. LPL Financial LLC grew its holdings in shares of PIMCO Multi Sector Bond Active ETF by 89.7% during the 4th quarter. LPL Financial LLC now owns 4,107,280 shares of the company’s stock worth $106,461,000 after purchasing an additional 1,941,964 shares during the period. Advance Capital Management Inc. acquired a new position in PIMCO Multi Sector Bond Active ETF during the 1st quarter worth approximately $49,876,000. Fragasso Financial Advisors Inc acquired a new position in PIMCO Multi Sector Bond Active ETF during the 1st quarter worth approximately $48,718,000. Finally, Independent Advisor Alliance acquired a new position in PIMCO Multi Sector Bond Active ETF during the 4th quarter worth approximately $36,104,000.

PIMCO Multi Sector Bond Active ETF Price Performance

PIMCO Multi Sector Bond Active ETF stock opened at $26.20 on Friday. The stock’s 50 day moving average price is $26.01 and its 200 day moving average price is $26.10. PIMCO Multi Sector Bond Active ETF has a one year low of $25.42 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.