Econ Financial Services Corp Buys Shares of 39,035 PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD)

Econ Financial Services Corp acquired a new position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 39,035 shares of the company’s stock, valued at approximately $1,006,000. Econ Financial Services Corp owned 0.13% of PIMCO Multi Sector Bond Active ETF at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of PYLD. Mark Sheptoff Financial Planning LLC bought a new stake in shares of PIMCO Multi Sector Bond Active ETF in the first quarter valued at about $53,000. Parkside Financial Bank & Trust bought a new stake in shares of PIMCO Multi Sector Bond Active ETF in the fourth quarter valued at approximately $97,000. Future Financial Wealth Managment LLC acquired a new position in PIMCO Multi Sector Bond Active ETF in the first quarter valued at about $108,000. Financial Synergies Wealth Advisors Inc. acquired a new position in shares of PIMCO Multi Sector Bond Active ETF in the 1st quarter valued at approximately $111,000. Finally, SignalPoint Asset Management LLC bought a new stake in shares of PIMCO Multi Sector Bond Active ETF during the 1st quarter worth approximately $206,000.

PIMCO Multi Sector Bond Active ETF Stock Performance

NYSEARCA:PYLD traded up $0.02 during mid-day trading on Monday, reaching $25.98. The stock had a trading volume of 272,839 shares, compared to its average volume of 346,770. PIMCO Multi Sector Bond Active ETF has a 12 month low of $23.76 and a 12 month high of $26.02. The stock has a 50-day simple moving average of $25.70 and a two-hundred day simple moving average of $25.58.

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.