US Bancorp DE Invests $67,000 in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD)

US Bancorp DE bought a new position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 2,593 shares of the company’s stock, valued at approximately $67,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Kestra Investment Management LLC acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF in the fourth quarter worth $53,000. Global Trust Asset Management LLC acquired a new stake in PIMCO Multi Sector Bond Active ETF in the 4th quarter valued at $63,000. Eastern Bank purchased a new position in PIMCO Multi Sector Bond Active ETF in the fourth quarter valued at about $65,000. New Wave Wealth Advisors LLC acquired a new position in shares of PIMCO Multi Sector Bond Active ETF during the fourth quarter worth about $95,000. Finally, Venturi Wealth Management LLC acquired a new position in shares of PIMCO Multi Sector Bond Active ETF during the fourth quarter worth about $114,000.

PIMCO Multi Sector Bond Active ETF Trading Up 0.1 %

PYLD stock opened at $26.26 on Tuesday. PIMCO Multi Sector Bond Active ETF has a 1 year low of $25.11 and a 1 year high of $26.70. The stock has a 50-day simple moving average of $26.15 and a 200-day simple moving average of $26.21.

About PIMCO Multi Sector Bond Active ETF

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.