Parsons Capital Management Inc. RI Lowers Stock Position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD)

Parsons Capital Management Inc. RI reduced its position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 5.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 29,892 shares of the company’s stock after selling 1,687 shares during the period. Parsons Capital Management Inc. RI’s holdings in PIMCO Multi Sector Bond Active ETF were worth $775,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Mather Group LLC. increased its stake in PIMCO Multi Sector Bond Active ETF by 60.1% in the 3rd quarter. Mather Group LLC. now owns 1,758 shares of the company’s stock valued at $47,000 after buying an additional 660 shares during the last quarter. Lloyd Advisory Services LLC. increased its position in shares of PIMCO Multi Sector Bond Active ETF by 4.0% during the third quarter. Lloyd Advisory Services LLC. now owns 20,805 shares of the company’s stock valued at $554,000 after acquiring an additional 793 shares during the last quarter. IHT Wealth Management LLC lifted its holdings in PIMCO Multi Sector Bond Active ETF by 3.2% during the third quarter. IHT Wealth Management LLC now owns 27,336 shares of the company’s stock worth $728,000 after acquiring an additional 837 shares during the period. Freedom Investment Management Inc. boosted its position in PIMCO Multi Sector Bond Active ETF by 1.7% in the third quarter. Freedom Investment Management Inc. now owns 52,883 shares of the company’s stock worth $1,409,000 after purchasing an additional 889 shares during the last quarter. Finally, Allen Capital Group LLC grew its stake in PIMCO Multi Sector Bond Active ETF by 13.9% in the 3rd quarter. Allen Capital Group LLC now owns 9,414 shares of the company’s stock valued at $251,000 after purchasing an additional 1,146 shares during the period.

PIMCO Multi Sector Bond Active ETF Stock Up 0.3 %

Shares of PIMCO Multi Sector Bond Active ETF stock opened at $26.15 on Tuesday. PIMCO Multi Sector Bond Active ETF has a 1 year low of $25.11 and a 1 year high of $26.70. The stock has a fifty day moving average price of $26.05 and a 200-day moving average price of $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.