MBL Wealth LLC Takes Position in PIMCO Multi Sector Bond Active ETF $PYLD

MBL Wealth LLC bought a new stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) in the 2nd quarter, Holdings Channel reports. The fund bought 263,335 shares of the company’s stock, valued at approximately $6,989,000.

Other large investors have also recently added to or reduced their stakes in the company. Cary Street Partners Investment Advisory LLC bought a new position in PIMCO Multi Sector Bond Active ETF during the 1st quarter valued at $50,000. Quest 10 Wealth Builders Inc. boosted its stake in PIMCO Multi Sector Bond Active ETF by 50.4% during the 1st quarter. Quest 10 Wealth Builders Inc. now owns 1,934 shares of the company’s stock valued at $51,000 after acquiring an additional 648 shares during the last quarter. Redwood Park Advisors LLC boosted its stake in PIMCO Multi Sector Bond Active ETF by 13.2% during the 1st quarter. Redwood Park Advisors LLC now owns 3,964 shares of the company’s stock valued at $104,000 after acquiring an additional 462 shares during the last quarter. Opal Wealth Advisors LLC bought a new position in PIMCO Multi Sector Bond Active ETF during the 1st quarter valued at $131,000. Finally, Allworth Financial LP bought a new position in PIMCO Multi Sector Bond Active ETF during the 1st quarter valued at $149,000.

PIMCO Multi Sector Bond Active ETF Trading Down 0.1%

NYSEARCA PYLD opened at $26.74 on Friday. PIMCO Multi Sector Bond Active ETF has a 12 month low of $25.42 and a 12 month high of $26.96. The company’s fifty day moving average price is $26.66 and its two-hundred day moving average price is $26.33.

PIMCO Multi Sector Bond Active ETF 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.