204,397 Shares in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) Purchased by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. acquired a new position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLDFree Report) in the fourth quarter, HoldingsChannel reports. The fund acquired 204,397 shares of the company’s stock, valued at approximately $5,298,000.

A number of other hedge funds also recently added to or reduced their stakes in PYLD. Kestra Investment Management LLC purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF during the fourth quarter valued at about $53,000. Global Trust Asset Management LLC purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF during the fourth quarter valued at about $63,000. Eastern Bank purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF during the fourth quarter valued at about $65,000. US Bancorp DE purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF during the fourth quarter valued at about $67,000. Finally, PNC Financial Services Group Inc. purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF during the fourth quarter valued at about $76,000.

PIMCO Multi Sector Bond Active ETF Price Performance

PYLD stock opened at $26.28 on Wednesday. The firm has a 50-day simple moving average of $26.16 and a two-hundred day simple moving average of $26.21. PIMCO Multi Sector Bond Active ETF has a one year low of $25.11 and a one year high of $26.70.

About PIMCO Multi Sector Bond Active ETF

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding PYLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLDFree Report).

Institutional Ownership by Quarter for PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD)

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