SOL Capital Management CO Invests $3.45 Million in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD)

SOL Capital Management CO acquired a new stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) during the fourth quarter, according to its most recent 13F filing with the SEC. The fund acquired 133,125 shares of the company’s stock, valued at approximately $3,451,000. SOL Capital Management CO owned 0.44% of PIMCO Multi Sector Bond Active ETF as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. Retirement Planning Group LLC raised its stake in shares of PIMCO Multi Sector Bond Active ETF by 47.2% during the 3rd quarter. Retirement Planning Group LLC now owns 2,748,900 shares of the company’s stock valued at $73,258,000 after purchasing an additional 880,999 shares during the period. Sequoia Financial Advisors LLC increased its position in shares of PIMCO Multi Sector Bond Active ETF by 13.5% during the third quarter. Sequoia Financial Advisors LLC now owns 2,583,787 shares of the company’s stock valued at $68,858,000 after buying an additional 307,816 shares during the period. Krilogy Financial LLC boosted its position in shares of PIMCO Multi Sector Bond Active ETF by 48.7% in the fourth quarter. Krilogy Financial LLC now owns 2,146,770 shares of the company’s stock valued at $55,644,000 after acquiring an additional 703,231 shares during the period. HighTower Advisors LLC grew its stake in PIMCO Multi Sector Bond Active ETF by 6.1% during the third quarter. HighTower Advisors LLC now owns 2,049,297 shares of the company’s stock valued at $54,605,000 after acquiring an additional 118,104 shares in the last quarter. Finally, TruWealth Advisors LLC bought a new stake in PIMCO Multi Sector Bond Active ETF during the 4th quarter worth approximately $46,875,000.

PIMCO Multi Sector Bond Active ETF Price Performance

Shares of NYSEARCA:PYLD opened at $26.20 on Friday. The firm has a fifty day moving average price of $26.06 and a two-hundred day moving average price of $26.18. PIMCO Multi Sector Bond Active ETF has a one year low of $25.11 and a one year high of $26.70.

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.