Parallel Advisors LLC Raises Stock Holdings in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD)

Parallel Advisors LLC increased its position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 66.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 158,917 shares of the company’s stock after purchasing an additional 63,248 shares during the period. Parallel Advisors LLC owned 0.53% of PIMCO Multi Sector Bond Active ETF worth $4,119,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Kestra Investment Management LLC purchased a new stake in PIMCO Multi Sector Bond Active ETF in the fourth quarter worth $53,000. Global Trust Asset Management LLC purchased a new stake in PIMCO Multi Sector Bond Active ETF in the fourth quarter worth $63,000. Eastern Bank bought a new stake in PIMCO Multi Sector Bond Active ETF in the fourth quarter worth $65,000. US Bancorp DE bought a new stake in PIMCO Multi Sector Bond Active ETF in the fourth quarter worth $67,000. Finally, PNC Financial Services Group Inc. bought a new stake in PIMCO Multi Sector Bond Active ETF in the fourth quarter worth $76,000.

PIMCO Multi Sector Bond Active ETF Price Performance

PIMCO Multi Sector Bond Active ETF stock opened at $26.26 on Tuesday. The business’s fifty day simple moving average is $26.15 and its two-hundred day simple moving average is $26.21. PIMCO Multi Sector Bond Active ETF has a 12 month low of $25.11 and a 12 month high of $26.70.

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.