TruWealth Advisors LLC Makes New $46.88 Million Investment in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD)

TruWealth Advisors LLC bought a new stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 1,808,437 shares of the company’s stock, valued at approximately $46,875,000. PIMCO Multi Sector Bond Active ETF comprises 2.8% of TruWealth Advisors LLC’s investment portfolio, making the stock its 8th largest position. TruWealth Advisors LLC owned approximately 6.04% of PIMCO Multi Sector Bond Active ETF as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in PYLD. Mather Group LLC. raised its stake in PIMCO Multi Sector Bond Active ETF by 60.1% during the third quarter. Mather Group LLC. now owns 1,758 shares of the company’s stock valued at $47,000 after buying an additional 660 shares during the last quarter. Lloyd Advisory Services LLC. raised its position in shares of PIMCO Multi Sector Bond Active ETF by 4.0% in the 3rd quarter. Lloyd Advisory Services LLC. now owns 20,805 shares of the company’s stock worth $554,000 after purchasing an additional 793 shares during the last quarter. IHT Wealth Management LLC boosted its stake in PIMCO Multi Sector Bond Active ETF by 3.2% in the 3rd quarter. IHT Wealth Management LLC now owns 27,336 shares of the company’s stock worth $728,000 after purchasing an additional 837 shares in the last quarter. Freedom Investment Management Inc. grew its position in PIMCO Multi Sector Bond Active ETF by 1.7% during the 3rd quarter. Freedom Investment Management Inc. now owns 52,883 shares of the company’s stock valued at $1,409,000 after purchasing an additional 889 shares during the last quarter. Finally, Allen Capital Group LLC increased its stake in PIMCO Multi Sector Bond Active ETF by 13.9% during the 3rd quarter. Allen Capital Group LLC now owns 9,414 shares of the company’s stock valued at $251,000 after purchasing an additional 1,146 shares in the last quarter.

PIMCO Multi Sector Bond Active ETF Price Performance

Shares of PIMCO Multi Sector Bond Active ETF stock opened at $26.01 on Friday. The company has a 50-day simple moving average of $26.05 and a two-hundred day simple moving average of $26.16. PIMCO Multi Sector Bond Active ETF has a 52-week low of $25.11 and a 52-week high of $26.70.

PIMCO Multi Sector Bond Active ETF 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.