Scott Capital Advisors LLC Boosts Stake in PIMCO Multi Sector Bond Active ETF $PYLD

Scott Capital Advisors LLC grew its position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 13.7% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 740,151 shares of the company’s stock after buying an additional 89,319 shares during the quarter. PIMCO Multi Sector Bond Active ETF accounts for 3.1% of Scott Capital Advisors LLC’s holdings, making the stock its 13th biggest position. Scott Capital Advisors LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $19,629,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of PYLD. Bank of America Corp DE grew its holdings in shares of PIMCO Multi Sector Bond Active ETF by 26.9% in the first quarter. Bank of America Corp DE now owns 23,087,966 shares of the company’s stock valued at $604,905,000 after acquiring an additional 4,896,498 shares in the last quarter. Morgan Stanley lifted its holdings in PIMCO Multi Sector Bond Active ETF by 33.6% during the fourth quarter. Morgan Stanley now owns 17,115,719 shares of the company’s stock worth $456,647,000 after acquiring an additional 4,308,632 shares during the period. LPL Financial LLC lifted its holdings in PIMCO Multi Sector Bond Active ETF by 34.3% during the fourth quarter. LPL Financial LLC now owns 14,584,034 shares of the company’s stock worth $389,102,000 after acquiring an additional 3,727,898 shares during the period. Sequoia Financial Advisors LLC boosted its position in 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 worth $288,066,000 after purchasing an additional 1,535,071 shares during the last quarter. Finally, HighTower Advisors LLC boosted its position in 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 worth $247,262,000 after purchasing an additional 751,426 shares during the last quarter.

PIMCO Multi Sector Bond Active ETF Stock Performance

Shares of NYSEARCA:PYLD opened at $26.13 on Tuesday. The business has a fifty day moving average price of $26.31 and a two-hundred day moving average price of $26.45. PIMCO Multi Sector Bond Active ETF has a 1 year low of $25.92 and a 1 year 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.