Eclectic Associates Inc. ADV raised its position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) by 11.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 908,395 shares of the company’s stock after purchasing an additional 90,715 shares during the quarter. PIMCO Multi Sector Bond Active ETF makes up approximately 2.7% of Eclectic Associates Inc. ADV’s holdings, making the stock its 12th biggest position. Eclectic Associates Inc. ADV owned about 0.16% of PIMCO Multi Sector Bond Active ETF worth $24,091,000 at the end of the most recent reporting period.
Several other hedge funds also recently bought and sold shares of PYLD. Cornerstone Financial Management LLC bought a new stake in shares of PIMCO Multi Sector Bond Active ETF in the 4th quarter valued at approximately $28,000. GHP Investment Advisors Inc. bought a new position in PIMCO Multi Sector Bond Active ETF during the first quarter valued at approximately $32,000. Networth Advisors LLC acquired a new stake in PIMCO Multi Sector Bond Active ETF in the fourth quarter valued at approximately $34,000. O Shaughnessy Asset Management LLC acquired a new stake in PIMCO Multi Sector Bond Active ETF in the fourth quarter valued at approximately $34,000. Finally, Cedar Mountain Advisors LLC bought a new stake in PIMCO Multi Sector Bond Active ETF in the second quarter worth approximately $38,000.
PIMCO Multi Sector Bond Active ETF Stock Performance
Shares of PYLD opened at $26.15 on Friday. The company’s fifty day moving average is $26.32 and its 200-day moving average is $26.46. PIMCO Multi Sector Bond Active ETF has a 12 month low of $25.92 and a 12 month 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.
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