967,872 Shares of PIMCO Multi Sector Bond Active ETF $PYLD Purchased by Eclectic Associates Inc. ADV

Eclectic Associates Inc. ADV purchased a new position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) in the third quarter, HoldingsChannel.com reports. The firm purchased 967,872 shares of the company’s stock, valued at approximately $24,574,000. PIMCO Multi Sector Bond Active ETF makes up approximately 2.8% of Eclectic Associates Inc. ADV’s holdings, making the stock its 12th largest holding.

Other institutional investors have also recently made changes to their positions in the company. Cornerstone Financial Management LLC purchased a new position in shares of PIMCO Multi Sector Bond Active ETF during the 4th quarter valued at about $28,000. GHP Investment Advisors Inc. purchased a new stake in PIMCO Multi Sector Bond Active ETF in the 1st quarter worth approximately $32,000. Cedar Mountain Advisors LLC bought a new stake in PIMCO Multi Sector Bond Active ETF during the 2nd quarter worth approximately $38,000. PNC Financial Services Group Inc. raised its stake in PIMCO Multi Sector Bond Active ETF by 757.1% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,500 shares of the company’s stock worth $39,000 after acquiring an additional 1,325 shares during the period. Finally, Eastern Bank purchased a new position in PIMCO Multi Sector Bond Active ETF during the third quarter valued at approximately $64,000.

PIMCO Multi Sector Bond Active ETF Stock Up 0.3%

Shares of NYSEARCA:PYLD opened at $25.39 on Friday. 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 simple moving average is $25.90 and its two-hundred day simple moving average is $26.19.

About PIMCO Multi Sector Bond Active ETF

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.