Riggs Capital Management LLC Buys New Holdings in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD)

Riggs Capital Management LLC purchased a new position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 12,534 shares of the company’s stock, valued at approximately $325,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of PYLD. Kestra Investment Management LLC acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF during the 4th quarter valued at about $53,000. Global Trust Asset Management LLC acquired a new stake in PIMCO Multi Sector Bond Active ETF during the fourth quarter valued at approximately $63,000. Eastern Bank bought a new stake in shares of PIMCO Multi Sector Bond Active ETF in the 4th quarter valued at approximately $65,000. US Bancorp DE acquired a new position in shares of PIMCO Multi Sector Bond Active ETF in the 4th quarter worth approximately $67,000. Finally, PNC Financial Services Group Inc. bought a new position in shares of PIMCO Multi Sector Bond Active ETF during the 4th quarter worth approximately $76,000.

PIMCO Multi Sector Bond Active ETF Stock Up 0.2 %

Shares of PYLD stock opened at $26.32 on Monday. The stock’s fifty day simple moving average is $26.23 and its 200 day simple moving average is $26.20. 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 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.