PIMCO Multi Sector Bond Active ETF $PYLD Shares Sold by Private Advisory Group LLC

Private Advisory Group LLC reduced its position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 34.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 237,758 shares of the company’s stock after selling 126,058 shares during the period. Private Advisory Group LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $6,037,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Bank of America Corp DE boosted its holdings in PIMCO Multi Sector Bond Active ETF by 26.9% in the 1st quarter. Bank of America Corp DE now owns 23,087,966 shares of the company’s stock valued at $604,905,000 after purchasing an additional 4,896,498 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in shares of PIMCO Multi Sector Bond Active ETF by 13.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 13,551,778 shares of the company’s stock valued at $359,393,000 after buying an additional 1,570,862 shares during the period. Sequoia Financial Advisors LLC grew its stake in shares of PIMCO Multi Sector Bond Active ETF by 12.8% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 12,401,335 shares of the company’s stock valued at $328,883,000 after buying an additional 1,406,458 shares during the period. Retirement Planning Group LLC acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF during the 3rd quarter worth approximately $193,884,000. Finally, NewEdge Advisors LLC increased its holdings in shares of PIMCO Multi Sector Bond Active ETF by 15.0% during the 2nd quarter. NewEdge Advisors LLC now owns 6,448,357 shares of the company’s stock worth $171,010,000 after buying an additional 839,295 shares during the last quarter.

PIMCO Multi Sector Bond Active ETF Stock Performance

Shares of NYSEARCA PYLD opened at $25.42 on Friday. The company has a 50 day simple moving average of $25.57 and a 200-day simple moving average of $26.20. PIMCO Multi Sector Bond Active ETF has a 1 year low of $25.15 and a 1 year high of $26.95.

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.