Comerica Bank Purchases 5,227 Shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD)

Comerica Bank increased its stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 83.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 11,458 shares of the company’s stock after acquiring an additional 5,227 shares during the quarter. Comerica Bank’s holdings in PIMCO Multi Sector Bond Active ETF were worth $297,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Kestra Investment Management LLC purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF in the fourth quarter valued at $53,000. Global Trust Asset Management LLC acquired a new stake in PIMCO Multi Sector Bond Active ETF in the 4th quarter worth approximately $63,000. US Bancorp DE acquired a new stake in PIMCO Multi Sector Bond Active ETF in the 4th quarter worth approximately $67,000. PNC Financial Services Group Inc. acquired a new stake in PIMCO Multi Sector Bond Active ETF during the 4th quarter valued at approximately $76,000. Finally, Redwood Park Advisors LLC acquired a new stake in PIMCO Multi Sector Bond Active ETF during the 4th quarter valued at approximately $91,000.

PIMCO Multi Sector Bond Active ETF Stock Up 0.0%

NYSEARCA:PYLD opened at $26.09 on Friday. The company has a 50 day moving average price of $26.06 and a 200-day moving average price of $26.09. PIMCO Multi Sector Bond Active ETF has a 1-year low of $25.42 and a 1-year high of $26.70.

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.