Sowell Financial Services LLC Makes New Investment in PIMCO Multi Sector Bond Active ETF $PYLD

Sowell Financial Services LLC purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 91,029 shares of the company’s stock, valued at approximately $2,311,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Members Advisory Group LLC lifted its stake in 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 during the last quarter. MW Advisory LLC bought a new stake in PIMCO Multi Sector Bond Active ETF during the second quarter worth approximately $1,688,000. Schuylkill Financial LLC acquired a new position in PIMCO Multi Sector Bond Active ETF in the second quarter worth approximately $3,211,000. Hutchens & Kramer Investment Management Group LLC grew its position in PIMCO Multi Sector Bond Active ETF by 13.3% in the second quarter. Hutchens & Kramer Investment Management Group LLC now owns 875,246 shares of the company’s stock worth $23,212,000 after buying an additional 102,574 shares during the last quarter. Finally, Sequoia Financial Advisors LLC grew its position in PIMCO Multi Sector Bond Active ETF by 12.8% in the second quarter. Sequoia Financial Advisors LLC now owns 12,401,335 shares of the company’s stock worth $328,883,000 after buying an additional 1,406,458 shares during the last quarter.

PIMCO Multi Sector Bond Active ETF Trading Up 0.0%

Shares of NYSEARCA:PYLD opened at $25.63 on Friday. PIMCO Multi Sector Bond Active ETF has a one year low of $25.15 and a one year high of $26.95. The stock has a fifty day moving average of $25.68 and a 200-day moving average of $26.26.

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. PYLD was launched on Jun 21, 2023 and is managed by PIMCO.