226,546 Shares of PIMCO Multi Sector Bond Active ETF $PYLD Acquired by Overbrook Management Corp

Overbrook Management Corp purchased a new stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 226,546 shares of the company’s stock, valued at approximately $5,752,000. PIMCO Multi Sector Bond Active ETF comprises approximately 0.9% of Overbrook Management Corp’s holdings, making the stock its 26th largest position.

Other institutional investors and hedge funds also recently made changes to their positions in the company. RFG Advisory LLC increased its position in PIMCO Multi Sector Bond Active ETF by 89.1% during the 1st quarter. RFG Advisory LLC now owns 620,585 shares of the company’s stock valued at $16,259,000 after purchasing an additional 292,370 shares during the period. Members Advisory Group LLC boosted its stake in shares of PIMCO Multi Sector Bond Active ETF by 16.3% in the 2nd quarter. Members Advisory Group LLC now owns 909,360 shares of the company’s stock valued at $24,116,000 after purchasing an additional 127,147 shares during the last quarter. WESPAC Advisors SoCal LLC increased its position in shares of PIMCO Multi Sector Bond Active ETF by 15.2% during the first quarter. WESPAC Advisors SoCal LLC now owns 385,406 shares of the company’s stock worth $10,098,000 after buying an additional 50,957 shares during the period. PMG Wealth Management Inc. bought a new position in PIMCO Multi Sector Bond Active ETF during the first quarter worth $5,369,000. Finally, BlueChip Wealth Advisors LLC bought a new position in PIMCO Multi Sector Bond Active ETF during the first quarter worth $1,054,000.

PIMCO Multi Sector Bond Active ETF Stock Performance

PYLD traded up $0.08 during trading on Thursday, reaching $25.39. 9,948,378 shares of the stock traded hands, compared to its average volume of 4,235,086. The stock’s 50-day moving average is $25.91 and its 200 day moving average is $26.19. PIMCO Multi Sector Bond Active ETF has a 12 month low of $25.15 and a 12 month high of $27.04.

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. PYLD was launched on Jun 21, 2023 and is managed by PIMCO.