PIMCO Multi Sector Bond Active ETF $PYLD Stock Position Lifted by Everhart Financial Group Inc.

Everhart Financial Group Inc. increased its position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 122.2% in the 3rd quarter, HoldingsChannel reports. The fund owned 68,523 shares of the company’s stock after acquiring an additional 37,687 shares during the period. Everhart Financial Group Inc.’s holdings in PIMCO Multi Sector Bond Active ETF were worth $1,740,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Cornerstone Financial Management LLC purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF during the 4th quarter valued at $28,000. GHP Investment Advisors Inc. acquired a new stake in PIMCO Multi Sector Bond Active ETF in the first quarter worth about $32,000. Cedar Mountain Advisors LLC purchased a new position in shares of PIMCO Multi Sector Bond Active ETF in the second quarter worth $38,000. PNC Financial Services Group Inc. lifted its stake 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 buying an additional 1,325 shares during the period. Finally, Eastern Bank acquired a new stake in PIMCO Multi Sector Bond Active ETF during the 3rd quarter worth about $64,000.

PIMCO Multi Sector Bond Active ETF Stock Up 0.2%

PIMCO Multi Sector Bond Active ETF stock traded up $0.04 during trading hours on Thursday, hitting $25.36. 3,851,464 shares of the stock traded hands, compared to its average volume of 4,202,227. PIMCO Multi Sector Bond Active ETF has a 1 year low of $25.15 and a 1 year high of $27.04. The firm’s 50 day moving average price is $25.91 and its 200-day moving average price is $26.19.

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.