Bare Financial Services Inc increased its stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) by 13.6% during the 4th quarter, Holdings Channel reports. The firm owned 436,186 shares of the company’s stock after purchasing an additional 52,383 shares during the quarter. PIMCO Multi Sector Bond Active ETF comprises approximately 4.5% of Bare Financial Services Inc’s portfolio, making the stock its 9th biggest holding. Bare Financial Services Inc’s holdings in PIMCO Multi Sector Bond Active ETF were worth $11,306,000 at the end of the most recent reporting period.
Other hedge funds also recently bought and sold shares of the company. EverSource Wealth Advisors LLC increased its position in PIMCO Multi Sector Bond Active ETF by 20.8% during the 4th quarter. EverSource Wealth Advisors LLC now owns 78,482 shares of the company’s stock valued at $2,034,000 after purchasing an additional 13,530 shares during the period. Sequoia Financial Advisors LLC raised its stake in shares of PIMCO Multi Sector Bond Active ETF by 15.6% in the fourth quarter. Sequoia Financial Advisors LLC now owns 2,986,289 shares of the company’s stock worth $77,405,000 after buying an additional 402,502 shares during the period. PFG Advisors purchased a new stake in PIMCO Multi Sector Bond Active ETF during the 4th quarter valued at approximately $596,000. HighTower Advisors LLC grew its holdings in PIMCO Multi Sector Bond Active ETF by 26.5% during the 4th quarter. HighTower Advisors LLC now owns 2,593,374 shares of the company’s stock valued at $67,220,000 after buying an additional 544,077 shares in the last quarter. Finally, Independent Advisor Alliance purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF during the 4th quarter valued at about $36,104,000.
PIMCO Multi Sector Bond Active ETF Stock Performance
Shares of NYSEARCA:PYLD opened at $26.28 on Wednesday. The business has a 50 day simple moving average of $26.13 and a two-hundred day simple moving average of $26.21. PIMCO Multi Sector Bond Active ETF has a 1 year low of $25.11 and a 1 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.
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