PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) is Family Investment Center Inc.’s Largest Position

Family Investment Center Inc. grew its position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 8.3% in the 4th quarter, HoldingsChannel.com reports. The firm owned 1,365,230 shares of the company’s stock after purchasing an additional 104,271 shares during the period. PIMCO Multi Sector Bond Active ETF comprises about 9.0% of Family Investment Center Inc.’s portfolio, making the stock its largest holding. Family Investment Center Inc.’s holdings in PIMCO Multi Sector Bond Active ETF were worth $35,387,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in PYLD. Peterson Financial Group Inc. purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF in the third quarter valued at about $42,000. Mather Group LLC. raised its holdings in shares of PIMCO Multi Sector Bond Active ETF by 60.1% in the third quarter. Mather Group LLC. now owns 1,758 shares of the company’s stock valued at $47,000 after purchasing an additional 660 shares during the last quarter. Global Trust Asset Management LLC purchased a new stake in PIMCO Multi Sector Bond Active ETF during the fourth quarter worth about $63,000. Eastern Bank purchased a new stake in PIMCO Multi Sector Bond Active ETF during the fourth quarter worth about $65,000. Finally, New Wave Wealth Advisors LLC purchased a new stake in PIMCO Multi Sector Bond Active ETF during the fourth quarter worth about $95,000.

PIMCO Multi Sector Bond Active ETF Stock Performance

NYSEARCA PYLD opened at $26.17 on Monday. PIMCO Multi Sector Bond Active ETF has a 52-week low of $25.11 and a 52-week high of $26.70. The company has a 50-day simple moving average of $26.06 and a 200 day simple moving average of $26.18.

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.