Gallacher Capital Management LLC Buys Shares of 81,840 PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD)

Gallacher Capital Management LLC purchased a new stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) during the 4th quarter, Holdings Channel reports. The firm purchased 81,840 shares of the company’s stock, valued at approximately $2,100,000. PIMCO Multi Sector Bond Active ETF accounts for 1.2% of Gallacher Capital Management LLC’s portfolio, making the stock its 14th biggest position.

Other hedge funds also recently made changes to their positions in the company. Element Wealth LLC acquired a new position in PIMCO Multi Sector Bond Active ETF during the 3rd quarter valued at about $25,000. Parkside Financial Bank & Trust acquired a new position in shares of PIMCO Multi Sector Bond Active ETF during the fourth quarter valued at approximately $97,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new stake in PIMCO Multi Sector Bond Active ETF during the fourth quarter worth approximately $238,000. HighTower Advisors LLC raised its holdings in PIMCO Multi Sector Bond Active ETF by 37.7% during the third quarter. HighTower Advisors LLC now owns 11,015 shares of the company’s stock worth $269,000 after purchasing an additional 3,015 shares in the last quarter. Finally, TCG Advisory Services LLC acquired a new stake in PIMCO Multi Sector Bond Active ETF in the fourth quarter worth approximately $281,000.

PIMCO Multi Sector Bond Active ETF Trading Up 0.5 %

Shares of PIMCO Multi Sector Bond Active ETF stock traded up $0.12 during trading on Friday, hitting $25.41. The stock had a trading volume of 178,844 shares, compared to its average volume of 336,209. The business has a fifty day moving average of $25.47 and a two-hundred day moving average of $25.26. PIMCO Multi Sector Bond Active ETF has a fifty-two week low of $23.76 and a fifty-two week high of $25.81.

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.