Cwm LLC Purchases 189,983 Shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD)

Cwm LLC lifted its stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 917.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 210,687 shares of the company’s stock after buying an additional 189,983 shares during the period. Cwm LLC owned about 0.70% of PIMCO Multi Sector Bond Active ETF worth $5,402,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the stock. Hilltop Holdings Inc. raised its position in PIMCO Multi Sector Bond Active ETF by 1.6% in the fourth quarter. Hilltop Holdings Inc. now owns 52,002 shares of the company’s stock worth $1,335,000 after purchasing an additional 840 shares in the last quarter. Cape Investment Advisory Inc. acquired a new position in PIMCO Multi Sector Bond Active ETF in the first quarter worth about $25,000. Mather Group LLC. acquired a new position in PIMCO Multi Sector Bond Active ETF in the second quarter worth about $28,000. Simplicity Solutions LLC raised its position in PIMCO Multi Sector Bond Active ETF by 1.0% in the fourth quarter. Simplicity Solutions LLC now owns 114,745 shares of the company’s stock worth $2,945,000 after purchasing an additional 1,139 shares in the last quarter. Finally, Bleakley Financial Group LLC raised its position in PIMCO Multi Sector Bond Active ETF by 1.0% in the fourth quarter. Bleakley Financial Group LLC now owns 114,745 shares of the company’s stock worth $2,945,000 after purchasing an additional 1,139 shares in the last quarter.

PIMCO Multi Sector Bond Active ETF Price Performance

Shares of PYLD traded up $0.02 during mid-day trading on Wednesday, hitting $26.02. 754,092 shares of the company traded hands, compared to its average volume of 364,734. PIMCO Multi Sector Bond Active ETF has a one year low of $23.76 and a one year high of $26.21. The business has a 50-day moving average of $25.77 and a 200 day moving average of $25.60.

About PIMCO Multi Sector Bond Active ETF

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.