PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) Shares Acquired by Horizon Investments LLC

Horizon Investments LLC boosted its stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 430.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 470,822 shares of the company’s stock after buying an additional 382,000 shares during the period. Horizon Investments LLC owned 1.57% of PIMCO Multi Sector Bond Active ETF worth $12,147,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Sanctuary Advisors LLC acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF in the 3rd quarter worth about $211,000. Stifel Financial Corp bought a new position in PIMCO Multi Sector Bond Active ETF in the 3rd quarter worth about $1,951,000. Janney Montgomery Scott LLC increased its stake in shares of PIMCO Multi Sector Bond Active ETF by 220.5% in the fourth quarter. Janney Montgomery Scott LLC now owns 69,732 shares of the company’s stock valued at $1,807,000 after purchasing an additional 47,977 shares during the period. Schmidt P J Investment Management Inc. raised its holdings in shares of PIMCO Multi Sector Bond Active ETF by 10.6% during the fourth 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. Finally, New Century Financial Group LLC boosted its position in shares of PIMCO Multi Sector Bond Active ETF by 20.8% during the fourth quarter. New Century Financial Group LLC now owns 38,969 shares of the company’s stock worth $1,010,000 after buying an additional 6,723 shares during the period.

PIMCO Multi Sector Bond Active ETF Price Performance

Shares of PYLD stock opened at $26.26 on Tuesday. The business has a 50 day simple moving average of $26.15 and a 200 day simple moving average of $26.21. PIMCO Multi Sector Bond Active ETF has a 12-month low of $25.11 and a 12-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.