PIMCO Multi Sector Bond Active ETF $PYLD Shares Newly Bought by Newman Dignan & Sheerar Inc.

Newman Dignan & Sheerar Inc. acquired a new position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) in the 3rd quarter, HoldingsChannel reports. The fund acquired 109,667 shares of the company’s stock, valued at approximately $2,784,000.

Other hedge funds have also recently modified their holdings of the company. Mather Group LLC. purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF during the third quarter valued at $30,000. GHP Investment Advisors Inc. purchased a new stake in PIMCO Multi Sector Bond Active ETF in the 1st quarter valued at about $32,000. Cedar Mountain Advisors LLC purchased a new stake in PIMCO Multi Sector Bond Active ETF in the 2nd quarter valued at about $38,000. PNC Financial Services Group Inc. grew its stake in PIMCO Multi Sector Bond Active ETF by 757.1% in the 1st 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 in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new position in PIMCO Multi Sector Bond Active ETF in the 3rd quarter worth about $45,000.

PIMCO Multi Sector Bond Active ETF Stock Up 0.1%

Shares of NYSEARCA:PYLD opened at $25.43 on Wednesday. The firm’s 50 day simple moving average is $25.78 and its 200-day simple moving average is $26.15. 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.