Swisher Financial Concepts Inc. Sells 11,641 Shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD)

Swisher Financial Concepts Inc. reduced its holdings in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 52.9% during the fourth quarter, Holdings Channel.com reports. The fund owned 10,346 shares of the company’s stock after selling 11,641 shares during the quarter. Swisher Financial Concepts Inc.’s holdings in PIMCO Multi Sector Bond Active ETF were worth $268,000 at the end of the most recent reporting period.

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

PIMCO Multi Sector Bond Active ETF Trading Down 1.0 %

Shares of NYSEARCA PYLD opened at $25.92 on Tuesday. PIMCO Multi Sector Bond Active ETF has a one year low of $25.11 and a one year high of $26.70. The firm’s 50 day simple moving average is $26.25 and its two-hundred day simple moving average is $26.19.

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.