Waterloo Capital L.P. Buys Shares of 9,022 PIMCO Multi Sector Bond Active ETF $PYLD

Waterloo Capital L.P. purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) in the 2nd quarter, HoldingsChannel reports. The institutional investor purchased 9,022 shares of the company’s stock, valued at approximately $239,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Titleist Asset Management LLC grew its position in PIMCO Multi Sector Bond Active ETF by 12.0% in the second quarter. Titleist Asset Management LLC now owns 34,784 shares of the company’s stock worth $923,000 after acquiring an additional 3,735 shares in the last quarter. Richard W. Paul & Associates LLC lifted its position in shares of PIMCO Multi Sector Bond Active ETF by 2.3% in the second quarter. Richard W. Paul & Associates LLC now owns 213,595 shares of the company’s stock worth $5,669,000 after buying an additional 4,815 shares during the last quarter. MAI Capital Management boosted its stake in shares of PIMCO Multi Sector Bond Active ETF by 7.9% during the 2nd quarter. MAI Capital Management now owns 291,191 shares of the company’s stock worth $7,728,000 after acquiring an additional 21,258 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of PIMCO Multi Sector Bond Active ETF by 66.2% during the 2nd quarter. JPMorgan Chase & Co. now owns 56,265 shares of the company’s stock worth $1,493,000 after acquiring an additional 22,411 shares in the last quarter. Finally, Wisconsin Wealth Advisors LLC increased its holdings in shares of PIMCO Multi Sector Bond Active ETF by 155.7% during the 2nd quarter. Wisconsin Wealth Advisors LLC now owns 26,359 shares of the company’s stock valued at $700,000 after acquiring an additional 16,049 shares during the last quarter.

PIMCO Multi Sector Bond Active ETF Stock Performance

PYLD opened at $26.88 on Wednesday. The business has a 50 day moving average price of $26.81 and a 200 day moving average price of $26.54. PIMCO Multi Sector Bond Active ETF has a twelve month low of $25.42 and a twelve month high of $27.04.

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.