Essex Savings Bank Makes New $328,000 Investment in PIMCO Multi Sector Bond Active ETF $PYLD

Essex Savings Bank purchased a new position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) in the second quarter, HoldingsChannel reports. The institutional investor purchased 12,373 shares of the company’s stock, valued at approximately $328,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Redwood Park Advisors LLC raised its holdings in shares of PIMCO Multi Sector Bond Active ETF by 13.2% in the first quarter. Redwood Park Advisors LLC now owns 3,964 shares of the company’s stock worth $104,000 after buying an additional 462 shares during the last quarter. WNY Asset Management LLC raised its holdings in shares of PIMCO Multi Sector Bond Active ETF by 1.6% in the fourth quarter. WNY Asset Management LLC now owns 34,056 shares of the company’s stock worth $883,000 after buying an additional 536 shares during the last quarter. Quest 10 Wealth Builders Inc. raised its holdings in shares of PIMCO Multi Sector Bond Active ETF by 50.4% in the first quarter. Quest 10 Wealth Builders Inc. now owns 1,934 shares of the company’s stock worth $51,000 after buying an additional 648 shares during the last quarter. Parsons Capital Management Inc. RI raised its holdings in shares of PIMCO Multi Sector Bond Active ETF by 2.2% in the first quarter. Parsons Capital Management Inc. RI now owns 30,546 shares of the company’s stock worth $805,000 after buying an additional 654 shares during the last quarter. Finally, Savvy Advisors Inc. raised its holdings in shares of PIMCO Multi Sector Bond Active ETF by 1.6% in the first quarter. Savvy Advisors Inc. now owns 47,275 shares of the company’s stock worth $1,246,000 after buying an additional 732 shares during the last quarter.

PIMCO Multi Sector Bond Active ETF Stock Up 0.0%

NYSEARCA PYLD opened at $26.86 on Friday. The company has a fifty day simple moving average of $26.57 and a two-hundred day simple moving average of $26.29. PIMCO Multi Sector Bond Active ETF has a 12-month low of $25.42 and a 12-month high of $26.96.

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.