Econ Financial Services Corp Boosts Position in PIMCO Multi Sector Bond Active ETF $PYLD

Econ Financial Services Corp boosted its position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 11.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 402,204 shares of the company’s stock after acquiring an additional 41,663 shares during the period. PIMCO Multi Sector Bond Active ETF accounts for 5.5% of Econ Financial Services Corp’s portfolio, making the stock its 3rd largest position. Econ Financial Services Corp owned 0.17% of PIMCO Multi Sector Bond Active ETF worth $10,674,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the company. WNY Asset Management LLC boosted its holdings in PIMCO Multi Sector Bond Active ETF by 9.1% in the second quarter. WNY Asset Management LLC now owns 107,036 shares of the company’s stock valued at $2,841,000 after acquiring an additional 8,920 shares during the last quarter. Redwood Park Advisors LLC boosted its holdings in PIMCO Multi Sector Bond Active ETF by 38.7% in the second quarter. Redwood Park Advisors LLC now owns 5,500 shares of the company’s stock valued at $146,000 after acquiring an additional 1,536 shares during the last quarter. Pasadena Private Wealth LLC boosted its holdings in PIMCO Multi Sector Bond Active ETF by 22.2% in the second quarter. Pasadena Private Wealth LLC now owns 18,840 shares of the company’s stock valued at $500,000 after acquiring an additional 3,422 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in PIMCO Multi Sector Bond Active ETF by 96.7% in the second quarter. Envestnet Asset Management Inc. now owns 4,917,874 shares of the company’s stock valued at $130,520,000 after acquiring an additional 2,417,746 shares during the last quarter. Finally, Moloney Securities Asset Management LLC boosted its holdings in PIMCO Multi Sector Bond Active ETF by 29.2% in the second quarter. Moloney Securities Asset Management LLC now owns 40,699 shares of the company’s stock valued at $1,080,000 after acquiring an additional 9,187 shares during the last quarter.

PIMCO Multi Sector Bond Active ETF Stock Performance

Shares of PYLD opened at $27.02 on Wednesday. PIMCO Multi Sector Bond Active ETF has a 1 year low of $25.42 and a 1 year high of $27.03. The stock’s 50-day moving average price is $26.78 and its two-hundred day moving average price is $26.41.

PIMCO Multi Sector Bond Active ETF Company 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.