Beacon Financial Advisory LLC lowered its stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) by 79.2% during the fourth quarter, Holdings Channel reports. The institutional investor owned 92,042 shares of the company’s stock after selling 351,014 shares during the period. Beacon Financial Advisory LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $2,456,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds have also bought and sold shares of PYLD. Goldman Sachs Group Inc. acquired a new position in PIMCO Multi Sector Bond Active ETF in the 1st quarter valued at about $297,000. Jane Street Group LLC acquired a new position in PIMCO Multi Sector Bond Active ETF in the 1st quarter valued at about $3,541,000. Cetera Investment Advisers acquired a new position in PIMCO Multi Sector Bond Active ETF in the 2nd quarter valued at about $261,000. JPMorgan Chase & Co. grew its stake in PIMCO Multi Sector Bond Active ETF by 66.2% in the 2nd quarter. JPMorgan Chase & Co. now owns 56,265 shares of the company’s stock valued at $1,493,000 after buying an additional 22,411 shares during the last quarter. Finally, Raymond James Financial Inc. grew its stake in PIMCO Multi Sector Bond Active ETF by 73.7% in the 2nd quarter. Raymond James Financial Inc. now owns 2,749,163 shares of the company’s stock valued at $72,963,000 after buying an additional 1,166,083 shares during the last quarter.
PIMCO Multi Sector Bond Active ETF Trading Up 0.2%
Shares of PYLD opened at $26.48 on Tuesday. PIMCO Multi Sector Bond Active ETF has a 52 week low of $25.92 and a 52 week high of $27.04. The firm’s 50-day simple moving average is $26.39 and its 200 day simple moving average is $26.58.
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.
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Want to see what other hedge funds are holding PYLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report).
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