PIMCO Multi Sector Bond Active ETF $PYLD Shares Sold by Synovus Financial Corp

Synovus Financial Corp trimmed its holdings in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 4.2% during the first quarter, Holdings Channel.com reports. The fund owned 47,474 shares of the company’s stock after selling 2,057 shares during the period. Synovus Financial Corp’s holdings in PIMCO Multi Sector Bond Active ETF were worth $1,251,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in PYLD. Stifel Financial Corp grew its stake in PIMCO Multi Sector Bond Active ETF by 19.9% in the 4th quarter. Stifel Financial Corp now owns 87,797 shares of the company’s stock valued at $2,276,000 after acquiring an additional 14,586 shares during the last quarter. Kovitz Investment Group Partners LLC acquired a new stake in PIMCO Multi Sector Bond Active ETF in the 4th quarter valued at about $223,000. Bridgewealth Advisory Group LLC grew its stake in PIMCO Multi Sector Bond Active ETF by 21.7% in the 4th quarter. Bridgewealth Advisory Group LLC now owns 780,871 shares of the company’s stock valued at $20,420,000 after acquiring an additional 139,413 shares during the last quarter. Comerica Bank boosted its stake in shares of PIMCO Multi Sector Bond Active ETF by 83.9% during the 4th quarter. Comerica Bank now owns 11,458 shares of the company’s stock worth $297,000 after purchasing an additional 5,227 shares during the last quarter. Finally, Advocacy Wealth Management Services LLC boosted its stake in shares of PIMCO Multi Sector Bond Active ETF by 13.4% during the 4th quarter. Advocacy Wealth Management Services LLC now owns 111,317 shares of the company’s stock worth $2,885,000 after purchasing an additional 13,139 shares during the last quarter.

PIMCO Multi Sector Bond Active ETF Stock Up 0.1%

PIMCO Multi Sector Bond Active ETF stock opened at $26.66 on Wednesday. PIMCO Multi Sector Bond Active ETF has a 12-month low of $25.42 and a 12-month high of $26.70. The firm’s 50-day moving average is $26.43 and its two-hundred day moving average is $26.23.

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.