PIMCO Multi Sector Bond Active ETF $PYLD Stock Acquired by Fragasso Financial Advisors Inc

Fragasso Financial Advisors Inc grew its holdings in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 2.6% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 2,981,967 shares of the company’s stock after buying an additional 74,690 shares during the period. PIMCO Multi Sector Bond Active ETF accounts for approximately 3.8% of Fragasso Financial Advisors Inc’s portfolio, making the stock its 9th largest position. Fragasso Financial Advisors Inc’s holdings in PIMCO Multi Sector Bond Active ETF were worth $75,712,000 as of its most recent SEC filing.

Other hedge funds have also 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 fourth quarter worth about $28,000. GHP Investment Advisors Inc. acquired a new position in PIMCO Multi Sector Bond Active ETF in the 1st quarter valued at about $32,000. Cedar Mountain Advisors LLC acquired a new position in PIMCO Multi Sector Bond Active ETF in the 2nd quarter valued at about $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 valued at $39,000 after acquiring an additional 1,325 shares during the last quarter. Finally, Eastern Bank purchased a new stake in PIMCO Multi Sector Bond Active ETF during the 3rd quarter valued at approximately $64,000.

PIMCO Multi Sector Bond Active ETF Stock Up 0.0%

PIMCO Multi Sector Bond Active ETF stock traded up $0.01 during mid-day trading on Tuesday, reaching $25.39. 2,206,751 shares of the company were exchanged, compared to its average volume of 4,236,106. PIMCO Multi Sector Bond Active ETF has a twelve month low of $25.15 and a twelve month high of $27.04. The firm’s 50-day simple moving average is $25.87 and its two-hundred day simple moving average is $26.18.

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.