Freedom Investment Management Inc. Sells 829 Shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD)

Freedom Investment Management Inc. lowered its position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 1.6% in the 4th quarter, Holdings Channel.com reports. The fund owned 52,054 shares of the company’s stock after selling 829 shares during the quarter. Freedom Investment Management Inc.’s holdings in PIMCO Multi Sector Bond Active ETF were worth $1,349,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Kestra Investment Management LLC bought a new stake in shares of PIMCO Multi Sector Bond Active ETF in the 4th quarter worth $53,000. Global Trust Asset Management LLC bought a new stake in PIMCO Multi Sector Bond Active ETF in the 4th quarter worth about $63,000. Eastern Bank bought a new stake in PIMCO Multi Sector Bond Active ETF in the 4th quarter worth about $65,000. US Bancorp DE purchased a new position in PIMCO Multi Sector Bond Active ETF in the 4th quarter worth about $67,000. Finally, PNC Financial Services Group Inc. bought a new position in PIMCO Multi Sector Bond Active ETF during the 4th quarter valued at about $76,000.

PIMCO Multi Sector Bond Active ETF Trading Down 0.2 %

Shares of PYLD stock opened at $25.85 on Friday. The company has a 50 day moving average price of $26.18 and a 200-day moving average price of $26.13. PIMCO Multi Sector Bond Active ETF has a 52 week low of $25.14 and a 52 week high of $26.70.

PIMCO Multi Sector Bond Active ETF 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.