PIMCO Multi Sector Bond Active ETF $PYLD Stock: Trek Financial LLC Reduces Position

Trek Financial LLC reduced its holdings in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 27.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 99,829 shares of the company’s stock after selling 37,680 shares during the period. Trek Financial LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $2,535,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in the business. Milestone Asset Management LLC grew its stake in shares of PIMCO Multi Sector Bond Active ETF by 0.5% during the third quarter. Milestone Asset Management LLC now owns 77,155 shares of the company’s stock worth $1,959,000 after acquiring an additional 410 shares during the last quarter. Signature Equity Partners LLC increased its holdings in shares of PIMCO Multi Sector Bond Active ETF by 14.6% during the first quarter. Signature Equity Partners LLC now owns 3,359 shares of the company’s stock valued at $88,000 after acquiring an additional 428 shares in the last quarter. Compound Planning Inc. increased its holdings in shares of PIMCO Multi Sector Bond Active ETF by 3.9% during the first quarter. Compound Planning Inc. now owns 15,047 shares of the company’s stock valued at $394,000 after acquiring an additional 561 shares in the last quarter. RDA Financial Network increased its holdings in shares of PIMCO Multi Sector Bond Active ETF by 1.5% during the third quarter. RDA Financial Network now owns 58,186 shares of the company’s stock valued at $1,477,000 after acquiring an additional 855 shares in the last quarter. Finally, Allworth Financial LP raised its position in shares of PIMCO Multi Sector Bond Active ETF by 5.7% in the 2nd quarter. Allworth Financial LP now owns 16,091 shares of the company’s stock valued at $427,000 after purchasing an additional 861 shares during the last quarter.

PIMCO Multi Sector Bond Active ETF Stock Down 0.5%

Shares of PIMCO Multi Sector Bond Active ETF stock opened at $25.51 on Tuesday. The company has a 50 day moving average price of $25.67 and a 200 day moving average price of $26.25. PIMCO Multi Sector Bond Active ETF has a 52 week low of $25.15 and a 52 week high of $26.95.

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. PYLD was launched on Jun 21, 2023 and is managed by PIMCO.