LPL Financial LLC Purchases 1,941,964 Shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD)

LPL Financial LLC increased its position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 89.7% in the 4th quarter, HoldingsChannel reports. The fund owned 4,107,280 shares of the company’s stock after acquiring an additional 1,941,964 shares during the period. LPL Financial LLC owned approximately 0.14% of PIMCO Multi Sector Bond Active ETF worth $106,461,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Kestra Investment Management LLC purchased a new position in PIMCO Multi Sector Bond Active ETF in the 4th quarter worth $53,000. Global Trust Asset Management LLC purchased a new position in shares of PIMCO Multi Sector Bond Active ETF in the fourth quarter worth about $63,000. Eastern Bank acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF during the fourth quarter worth about $65,000. US Bancorp DE purchased a new stake in PIMCO Multi Sector Bond Active ETF in the fourth quarter valued at approximately $67,000. Finally, PNC Financial Services Group Inc. acquired a new position in PIMCO Multi Sector Bond Active ETF in the 4th quarter worth approximately $76,000.

PIMCO Multi Sector Bond Active ETF Price Performance

Shares of PIMCO Multi Sector Bond Active ETF stock opened at $26.32 on Wednesday. The firm has a fifty day moving average price of $26.21 and a 200 day moving average price of $26.21. PIMCO Multi Sector Bond Active ETF has a 1 year low of $25.11 and a 1 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.