EQ Wealth Advisors LLC Makes New $5.13 Million Investment in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD)

EQ Wealth Advisors LLC bought a new position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 197,818 shares of the company’s stock, valued at approximately $5,127,000. PIMCO Multi Sector Bond Active ETF makes up 4.4% of EQ Wealth Advisors LLC’s investment portfolio, making the stock its 8th largest position. EQ Wealth Advisors LLC owned approximately 0.66% of PIMCO Multi Sector Bond Active ETF at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of PYLD. TruWealth Advisors LLC bought a new position in shares of PIMCO Multi Sector Bond Active ETF in the 4th quarter valued at about $46,875,000. Family Investment Center Inc. boosted its stake in PIMCO Multi Sector Bond Active ETF by 259.1% in the third quarter. Family Investment Center Inc. now owns 1,260,959 shares of the company’s stock valued at $33,605,000 after acquiring an additional 909,842 shares during the last quarter. Falcon Wealth Planning acquired a new stake in PIMCO Multi Sector Bond Active ETF during the 3rd quarter worth $24,230,000. Retirement Planning Group LLC raised its position 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 acquiring an additional 880,999 shares during the last quarter. Finally, Cardinal Point Capital Management ULC raised its position in shares of PIMCO Multi Sector Bond Active ETF by 912.3% during the 3rd quarter. Cardinal Point Capital Management ULC now owns 821,095 shares of the company’s stock valued at $21,882,000 after acquiring an additional 739,985 shares during the last quarter.

PIMCO Multi Sector Bond Active ETF Stock Performance

NYSEARCA:PYLD opened at $26.17 on Monday. PIMCO Multi Sector Bond Active ETF has a 12-month low of $25.11 and a 12-month high of $26.70. The stock’s fifty day simple moving average is $26.06 and its 200-day simple moving average is $26.18.

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.