TrinityPoint Wealth LLC Takes $2.64 Million Position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD)

TrinityPoint Wealth LLC bought a new stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) in the third quarter, HoldingsChannel.com reports. The firm bought 99,167 shares of the company’s stock, valued at approximately $2,643,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Delta Investment Management LLC boosted its stake in shares of PIMCO Multi Sector Bond Active ETF by 9.8% in the 2nd quarter. Delta Investment Management LLC now owns 155,009 shares of the company’s stock valued at $3,974,000 after buying an additional 13,848 shares during the period. WCG Wealth Advisors LLC acquired a new stake in PIMCO Multi Sector Bond Active ETF in the second quarter valued at approximately $24,621,000. Envestnet Asset Management Inc. lifted its stake in PIMCO Multi Sector Bond Active ETF by 267.7% in the second quarter. Envestnet Asset Management Inc. now owns 1,083,634 shares of the company’s stock worth $27,784,000 after acquiring an additional 788,906 shares during the last quarter. CarsonAllaria Wealth Management Ltd. grew its holdings in PIMCO Multi Sector Bond Active ETF by 13.5% during the 2nd quarter. CarsonAllaria Wealth Management Ltd. now owns 134,310 shares of the company’s stock worth $3,444,000 after acquiring an additional 15,958 shares in the last quarter. Finally, EverSource Wealth Advisors LLC acquired a new position in PIMCO Multi Sector Bond Active ETF during the 1st quarter worth approximately $753,000.

PIMCO Multi Sector Bond Active ETF Stock Performance

Shares of PYLD opened at $25.96 on Monday. The firm’s fifty day simple moving average is $26.33 and its 200-day simple moving average is $26.01. PIMCO Multi Sector Bond Active ETF has a twelve month low of $24.67 and a twelve month high of $26.70.

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.