Trek Financial LLC lowered its position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) by 27.4% in the third quarter, HoldingsChannel.com reports. The fund owned 99,829 shares of the company’s stock after selling 37,680 shares during the quarter. 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 SEC.
Other large investors have also added to or reduced their stakes in the company. Mather Group LLC. acquired a new position in shares of PIMCO Multi Sector Bond Active ETF in the third quarter valued at about $30,000. Manchester Capital Management LLC purchased a new position in shares of PIMCO Multi Sector Bond Active ETF in the third quarter worth about $34,000. Cedar Mountain Advisors LLC acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF during the second quarter worth about $38,000. PNC Financial Services Group Inc. lifted its holdings in shares of PIMCO Multi Sector Bond Active ETF by 757.1% during the first 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 period. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF during the third quarter worth about $45,000.
PIMCO Multi Sector Bond Active ETF Trading Down 0.5%
Shares of NYSEARCA PYLD opened at $25.51 on Tuesday. The business’s 50 day moving average price is $25.67 and its 200 day moving average price is $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.
Featured Articles
- Five stocks we like better than PIMCO Multi Sector Bond Active ETF
- AbbVie’s Humira Era Is Fading, But Its New Growth Engines Face Another Test
- GLP-1 Focus or Broader Peptide Exposure: Which ETF Has the Edge?
- Mortgage Rates Froze U.S. Housing, But These 3 Overseas Markets Still Pay Double Digits
- Big Tech Is Spending Billions on AI—These 5 Stocks Are Getting Paid
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.
