PIMCO Multi Sector Bond Active ETF $PYLD Stock: Elevated Capital Advisors LLC Cuts Holdings

Elevated Capital Advisors LLC lowered its stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 86.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,873 shares of the company’s stock after selling 103,451 shares during the quarter. Elevated Capital Advisors LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $428,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Bank of America Corp DE grew its position in PIMCO Multi Sector Bond Active ETF by 26.9% during the 1st quarter. Bank of America Corp DE now owns 23,087,966 shares of the company’s stock worth $604,905,000 after purchasing an additional 4,896,498 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in PIMCO Multi Sector Bond Active ETF by 13.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 13,551,778 shares of the company’s stock valued at $359,393,000 after purchasing an additional 1,570,862 shares in the last quarter. Sequoia Financial Advisors LLC increased its stake in PIMCO Multi Sector Bond Active ETF by 12.8% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 12,401,335 shares of the company’s stock valued at $328,883,000 after purchasing an additional 1,406,458 shares in the last quarter. Retirement Planning Group LLC acquired a new position in PIMCO Multi Sector Bond Active ETF during the 3rd quarter valued at approximately $193,884,000. Finally, NewEdge Advisors LLC raised its holdings in shares of PIMCO Multi Sector Bond Active ETF by 15.0% in the second 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 Down 0.6%

NYSEARCA PYLD opened at $25.54 on Wednesday. The company has a fifty day simple moving average of $25.59 and a two-hundred day simple moving average of $26.21. PIMCO Multi Sector Bond Active ETF has a 12-month low of $25.15 and a 12-month high of $26.95.

PIMCO Multi Sector Bond Active ETF Company 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.