Sowell Financial Services LLC Purchases New Position in PIMCO Multi Sector Bond Active ETF $PYLD

Sowell Financial Services LLC acquired a new position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 91,029 shares of the company’s stock, valued at approximately $2,311,000.

A number of other institutional investors have also added to or reduced their stakes in the stock. RFG Advisory LLC increased its holdings in PIMCO Multi Sector Bond Active ETF by 89.1% in the 1st quarter. RFG Advisory LLC now owns 620,585 shares of the company’s stock worth $16,259,000 after purchasing an additional 292,370 shares in the last quarter. Members Advisory Group LLC boosted its stake in shares of PIMCO Multi Sector Bond Active ETF by 16.3% during the second quarter. Members Advisory Group LLC now owns 909,360 shares of the company’s stock valued at $24,116,000 after purchasing an additional 127,147 shares in the last quarter. Puff Wealth Management LLC acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF during the second quarter valued at about $2,873,000. MW Advisory LLC acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF during the second quarter valued at about $1,688,000. Finally, Schuylkill Financial LLC bought a new stake in shares of PIMCO Multi Sector Bond Active ETF during the second quarter worth about $3,211,000.

PIMCO Multi Sector Bond Active ETF Stock Performance

NYSEARCA:PYLD opened at $25.60 on Friday. The stock’s 50-day moving average is $25.75 and its 200-day moving average is $26.14. PIMCO Multi Sector Bond Active ETF has a 1-year low of $25.15 and a 1-year 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.