Avaii Wealth Management LLC Makes New $293,000 Investment in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD)

Avaii Wealth Management LLC bought a new position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) in the 4th quarter, Holdings Channel.com reports. The institutional investor bought 11,308 shares of the company’s stock, valued at approximately $293,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Peterson Financial Group Inc. purchased a new position in PIMCO Multi Sector Bond Active ETF in the 3rd quarter valued at approximately $42,000. Mather Group LLC. boosted its holdings in shares of PIMCO Multi Sector Bond Active ETF by 60.1% in the third quarter. Mather Group LLC. now owns 1,758 shares of the company’s stock worth $47,000 after acquiring an additional 660 shares during the period. Global Trust Asset Management LLC purchased a new position in shares of PIMCO Multi Sector Bond Active ETF in the fourth quarter valued at $63,000. Eastern Bank bought a new stake in shares of PIMCO Multi Sector Bond Active ETF during the 4th quarter valued at $65,000. Finally, Future Financial Wealth Managment LLC purchased a new stake in PIMCO Multi Sector Bond Active ETF during the 3rd quarter worth about $167,000.

PIMCO Multi Sector Bond Active ETF Trading Up 0.2 %

Shares of PYLD opened at $26.08 on Friday. PIMCO Multi Sector Bond Active ETF has a twelve month low of $25.11 and a twelve month high of $26.70. The business’s 50-day moving average price is $26.05 and its 200-day moving average price is $26.17.

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.