Independent Advisor Alliance Takes Position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD)

Independent Advisor Alliance purchased a new stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) in the 4th quarter, according to its most recent disclosure with the SEC. The fund purchased 1,392,887 shares of the company’s stock, valued at approximately $36,104,000. Independent Advisor Alliance owned 4.65% of PIMCO Multi Sector Bond Active ETF as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of PYLD. Peterson Financial Group Inc. acquired a new position in shares of PIMCO Multi Sector Bond Active ETF in the 3rd quarter valued at about $42,000. Kestra Investment Management LLC acquired a new position in PIMCO Multi Sector Bond Active ETF during the 4th quarter valued at about $53,000. Global Trust Asset Management LLC acquired a new position in PIMCO Multi Sector Bond Active ETF during the 4th quarter valued at about $63,000. Eastern Bank acquired a new position in PIMCO Multi Sector Bond Active ETF during the 4th quarter valued at about $65,000. Finally, US Bancorp DE acquired a new position in PIMCO Multi Sector Bond Active ETF during the 4th quarter valued at about $67,000.

PIMCO Multi Sector Bond Active ETF Price Performance

PIMCO Multi Sector Bond Active ETF stock opened at $26.29 on Monday. The firm has a 50-day moving average price of $26.11 and a two-hundred day moving average price of $26.21. PIMCO Multi Sector Bond Active ETF has a 52-week low of $25.11 and a 52-week 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.