Rainey & Randall Wealth Advisors Inc. Buys Shares of 62,336 PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD)

Rainey & Randall Wealth Advisors Inc. bought a new position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 62,336 shares of the company’s stock, valued at approximately $1,624,000. PIMCO Multi Sector Bond Active ETF comprises about 0.3% of Rainey & Randall Wealth Advisors Inc.’s holdings, making the stock its 24th biggest position. Rainey & Randall Wealth Advisors Inc. owned approximately 0.21% of PIMCO Multi Sector Bond Active ETF as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Sanctuary Advisors LLC bought a new stake in PIMCO Multi Sector Bond Active ETF during the 3rd quarter worth $211,000. Stifel Financial Corp bought a new stake in shares of PIMCO Multi Sector Bond Active ETF during the third quarter worth about $1,951,000. Janney Montgomery Scott LLC grew its holdings in shares of PIMCO Multi Sector Bond Active ETF by 220.5% during the fourth quarter. Janney Montgomery Scott LLC now owns 69,732 shares of the company’s stock worth $1,807,000 after purchasing an additional 47,977 shares during the last quarter. Trajan Wealth LLC acquired a new position in shares of PIMCO Multi Sector Bond Active ETF in the third quarter valued at approximately $15,687,000. Finally, Schmidt P J Investment Management Inc. raised its holdings in PIMCO Multi Sector Bond Active ETF by 10.6% in the 4th quarter. Schmidt P J Investment Management Inc. now owns 25,178 shares of the company’s stock valued at $653,000 after buying an additional 2,405 shares during the last quarter.

PIMCO Multi Sector Bond Active ETF Trading Up 0.2 %

NYSEARCA:PYLD opened at $26.28 on Friday. PIMCO Multi Sector Bond Active ETF has a one year low of $25.11 and a one year high of $26.70. The firm’s 50 day simple moving average is $26.04 and its 200 day simple moving average is $26.20.

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.