PIMCO Multi Sector Bond Active ETF $PYLD Shares Bought by Econ Financial Services Corp

Econ Financial Services Corp grew its holdings in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 33.7% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 315,534 shares of the company’s stock after purchasing an additional 79,581 shares during the period. PIMCO Multi Sector Bond Active ETF makes up 3.8% of Econ Financial Services Corp’s portfolio, making the stock its 3rd biggest holding. Econ Financial Services Corp owned 0.07% of PIMCO Multi Sector Bond Active ETF worth $8,267,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Morgan Stanley raised its holdings in shares of PIMCO Multi Sector Bond Active ETF by 33.6% in the 4th quarter. Morgan Stanley now owns 17,115,719 shares of the company’s stock worth $456,647,000 after purchasing an additional 4,308,632 shares in the last quarter. Bank of America Corp DE boosted its holdings in PIMCO Multi Sector Bond Active ETF by 35.3% during the third quarter. Bank of America Corp DE now owns 15,573,447 shares of the company’s stock worth $417,991,000 after buying an additional 4,059,150 shares in the last quarter. LPL Financial LLC boosted its holdings in PIMCO Multi Sector Bond Active ETF by 34.3% during the fourth quarter. LPL Financial LLC now owns 14,584,034 shares of the company’s stock worth $389,102,000 after buying an additional 3,727,898 shares in the last quarter. Sequoia Financial Advisors LLC boosted its holdings in PIMCO Multi Sector Bond Active ETF by 24.0% during the fourth quarter. Sequoia Financial Advisors LLC now owns 9,459,806 shares of the company’s stock worth $252,388,000 after buying an additional 1,831,959 shares in the last quarter. Finally, HighTower Advisors LLC grew its position in PIMCO Multi Sector Bond Active ETF by 8.8% in the fourth quarter. HighTower Advisors LLC now owns 9,267,689 shares of the company’s stock worth $247,262,000 after buying an additional 751,426 shares during the last quarter.

PIMCO Multi Sector Bond Active ETF Stock Up 0.1%

NYSEARCA PYLD opened at $26.55 on Friday. PIMCO Multi Sector Bond Active ETF has a 1 year low of $25.92 and a 1 year high of $27.04. The business’s fifty day moving average is $26.41 and its two-hundred day moving average is $26.56.

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.