Wells Fargo & Company MN Decreases Position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD)

Wells Fargo & Company MN lessened its stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 1.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 954,367 shares of the company’s stock after selling 13,449 shares during the period. Wells Fargo & Company MN’s holdings in PIMCO Multi Sector Bond Active ETF were worth $24,737,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

PIMCO Multi Sector Bond Active ETF Price Performance

Shares of PYLD stock opened at $25.62 on Friday. PIMCO Multi Sector Bond Active ETF has a 52 week low of $25.11 and a 52 week high of $26.70. The company’s fifty day simple moving average is $26.20 and its 200-day simple moving average is $26.16.

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.