Beacon Financial Advisory LLC Buys 68,522 Shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD)

Beacon Financial Advisory LLC increased its stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 57.9% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 186,940 shares of the company’s stock after buying an additional 68,522 shares during the quarter. PIMCO Multi Sector Bond Active ETF comprises 1.7% of Beacon Financial Advisory LLC’s portfolio, making the stock its 8th largest position. Beacon Financial Advisory LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $4,982,000 as of its most recent filing with the SEC.

Other hedge funds have also modified their holdings of the company. Delta Investment Management LLC grew its position in PIMCO Multi Sector Bond Active ETF by 9.8% in the second quarter. Delta Investment Management LLC now owns 155,009 shares of the company’s stock valued at $3,974,000 after acquiring an additional 13,848 shares in the last quarter. WCG Wealth Advisors LLC acquired a new stake in PIMCO Multi Sector Bond Active ETF during the 2nd quarter valued at $24,621,000. Bleakley Financial Group LLC increased its stake in PIMCO Multi Sector Bond Active ETF by 39.2% during the 1st quarter. Bleakley Financial Group LLC now owns 159,745 shares of the company’s stock worth $4,115,000 after buying an additional 45,000 shares during the period. Envestnet Asset Management Inc. lifted its holdings in PIMCO Multi Sector Bond Active ETF by 267.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,083,634 shares of the company’s stock worth $27,784,000 after buying an additional 788,906 shares in the last quarter. Finally, Oppenheimer & Co. Inc. purchased a new position in PIMCO Multi Sector Bond Active ETF in the 1st quarter valued at about $1,058,000.

PIMCO Multi Sector Bond Active ETF Stock Performance

Shares of PIMCO Multi Sector Bond Active ETF stock opened at $25.99 on Wednesday. PIMCO Multi Sector Bond Active ETF has a 1-year low of $24.33 and a 1-year high of $26.70. The business has a 50-day moving average of $26.38 and a 200-day moving average of $25.98.

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.