Constant Guidance Financial LLC Sells 116,990 Shares of PIMCO Multi Sector Bond Active ETF $PYLD

Constant Guidance Financial LLC reduced its holdings in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 83.5% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 23,120 shares of the company’s stock after selling 116,990 shares during the quarter. PIMCO Multi Sector Bond Active ETF makes up about 0.4% of Constant Guidance Financial LLC’s portfolio, making the stock its 25th biggest holding. Constant Guidance Financial LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $606,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. Morgan Stanley raised its stake in PIMCO Multi Sector Bond Active ETF by 33.6% in the 4th quarter. Morgan Stanley now owns 17,115,719 shares of the company’s stock valued at $456,647,000 after acquiring an additional 4,308,632 shares during the period. Bank of America Corp DE boosted its position in PIMCO Multi Sector Bond Active ETF by 35.3% during the third quarter. Bank of America Corp DE now owns 15,573,447 shares of the company’s stock worth $417,991,000 after purchasing an additional 4,059,150 shares during the period. LPL Financial LLC increased its holdings in shares of PIMCO Multi Sector Bond Active ETF by 34.3% in the fourth quarter. LPL Financial LLC now owns 14,584,034 shares of the company’s stock valued at $389,102,000 after purchasing an additional 3,727,898 shares during the last quarter. Sequoia Financial Advisors LLC increased its holdings in shares of PIMCO Multi Sector Bond Active ETF by 16.2% in the first quarter. Sequoia Financial Advisors LLC now owns 10,994,877 shares of the company’s stock valued at $288,066,000 after purchasing an additional 1,535,071 shares during the last quarter. Finally, HighTower Advisors LLC raised its position in shares of PIMCO Multi Sector Bond Active ETF by 8.8% in the fourth quarter. HighTower Advisors LLC now owns 9,267,689 shares of the company’s stock valued at $247,262,000 after purchasing an additional 751,426 shares during the period.

PIMCO Multi Sector Bond Active ETF Stock Performance

NYSEARCA PYLD opened at $26.23 on Wednesday. The firm has a 50-day moving average of $26.35 and a 200-day moving average of $26.49. PIMCO Multi Sector Bond Active ETF has a 52-week low of $25.92 and a 52-week high of $27.04.

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.