AE Wealth Management LLC Acquires 348,181 Shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD)

AE Wealth Management LLC raised its holdings in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 140.4% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 596,139 shares of the company’s stock after purchasing an additional 348,181 shares during the period. AE Wealth Management LLC owned 1.99% of PIMCO Multi Sector Bond Active ETF worth $15,285,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of PYLD. Cape Investment Advisory Inc. bought a new position in PIMCO Multi Sector Bond Active ETF during the 1st quarter valued at approximately $25,000. Mather Group LLC. bought a new position in PIMCO Multi Sector Bond Active ETF during the 2nd quarter valued at approximately $28,000. First Horizon Advisors Inc. bought a new position in PIMCO Multi Sector Bond Active ETF during the 2nd quarter valued at approximately $28,000. Mark Sheptoff Financial Planning LLC bought a new position in PIMCO Multi Sector Bond Active ETF during the 1st quarter valued at approximately $53,000. Finally, Future Financial Wealth Managment LLC bought a new position in shares of PIMCO Multi Sector Bond Active ETF in the 1st quarter worth approximately $108,000.

PIMCO Multi Sector Bond Active ETF Price Performance

Shares of NYSEARCA:PYLD opened at $26.66 on Friday. PIMCO Multi Sector Bond Active ETF has a 52-week low of $23.76 and a 52-week high of $26.68. The stock has a 50 day moving average price of $26.24 and a 200-day moving average price of $25.79.

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.