Bank of New York Mellon Corp Buys 545,751 Shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD)

Bank of New York Mellon Corp lifted its stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 3,795.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 560,131 shares of the company’s stock after acquiring an additional 545,751 shares during the quarter. Bank of New York Mellon Corp owned 1.87% of PIMCO Multi Sector Bond Active ETF worth $14,519,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the stock. Peterson Financial Group Inc. purchased a new position in shares of PIMCO Multi Sector Bond Active ETF during the 3rd quarter valued at about $42,000. Kestra Investment Management LLC bought a new stake in PIMCO Multi Sector Bond Active ETF during the 4th quarter worth approximately $53,000. Global Trust Asset Management LLC purchased a new position in PIMCO Multi Sector Bond Active ETF during the fourth quarter valued at approximately $63,000. Eastern Bank bought a new position in shares of PIMCO Multi Sector Bond Active ETF in the fourth quarter worth approximately $65,000. Finally, New Wave Wealth Advisors LLC purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF in the fourth quarter worth $95,000.

PIMCO Multi Sector Bond Active ETF Stock Performance

Shares of PYLD stock opened at $26.24 on Thursday. The company’s fifty day moving average price is $26.13 and its 200-day moving average price is $26.21. 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 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.