Catalyst Investment Management LLC Sells 22,405 Shares of PIMCO Multi Sector Bond Active ETF $PYLD

Catalyst Investment Management LLC reduced its stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 11.0% in the third quarter, HoldingsChannel reports. The firm owned 181,412 shares of the company’s stock after selling 22,405 shares during the period. PIMCO Multi Sector Bond Active ETF makes up approximately 4.1% of Catalyst Investment Management LLC’s investment portfolio, making the stock its 8th largest position. Catalyst Investment Management LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $4,606,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. Mather Group LLC. purchased a new position in PIMCO Multi Sector Bond Active ETF in the third quarter worth $30,000. GHP Investment Advisors Inc. acquired a new stake in PIMCO Multi Sector Bond Active ETF in the 1st quarter worth approximately $32,000. Cedar Mountain Advisors LLC acquired a new stake in PIMCO Multi Sector Bond Active ETF in the 2nd quarter worth approximately $38,000. PNC Financial Services Group Inc. grew its position in PIMCO Multi Sector Bond Active ETF by 757.1% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,500 shares of the company’s stock worth $39,000 after purchasing an additional 1,325 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new stake in PIMCO Multi Sector Bond Active ETF during the 3rd quarter worth approximately $45,000.

PIMCO Multi Sector Bond Active ETF Trading Up 0.1%

NYSEARCA:PYLD opened at $25.46 on Thursday. PIMCO Multi Sector Bond Active ETF has a 12 month low of $25.15 and a 12 month high of $27.04. The firm has a fifty day simple moving average of $25.76 and a 200-day simple moving average of $26.14.

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.