Sowell Financial Services LLC purchased a new stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 91,029 shares of the company’s stock, valued at approximately $2,311,000.
A number of other institutional investors have also recently made changes to their positions in PYLD. Mather Group LLC. acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF in the third quarter valued at about $30,000. GHP Investment Advisors Inc. bought a new position in shares of PIMCO Multi Sector Bond Active ETF during the first quarter worth about $32,000. Cedar Mountain Advisors LLC acquired a new position in shares of PIMCO Multi Sector Bond Active ETF in the second quarter worth approximately $38,000. PNC Financial Services Group Inc. lifted its stake in shares of PIMCO Multi Sector Bond Active ETF by 757.1% in the first quarter. PNC Financial Services Group Inc. now owns 1,500 shares of the company’s stock worth $39,000 after acquiring an additional 1,325 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of PIMCO Multi Sector Bond Active ETF in the third quarter worth approximately $45,000.
PIMCO Multi Sector Bond Active ETF Trading Up 0.5%
Shares of PYLD stock opened at $25.60 on Friday. The business’s 50 day simple moving average is $25.75 and its 200 day simple moving average is $26.14. PIMCO Multi Sector Bond Active ETF has a one year low of $25.15 and a one year high of $27.04.
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. PYLD was launched on Jun 21, 2023 and is managed by PIMCO.
Recommended Stories
- Five stocks we like better than PIMCO Multi Sector Bond Active ETF
- Is Texas Instruments Setting Up for Its Next Big Breakout?
- Pegasystems’ Q3 Miss Exposed the Problem Standing Between AI and Cash Flow
- Lam Research’s Earnings Beat Wasn’t the Real Story—Its 2027 Outlook Was
- Tesla’s Flying-Car Hype Hits an Earnings Reality Check
Want to see what other hedge funds are holding PYLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report).
Receive News & Ratings for PIMCO Multi Sector Bond Active ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PIMCO Multi Sector Bond Active ETF and related companies with MarketBeat.com's FREE daily email newsletter.
