PIMCO Multi Sector Bond Active ETF $PYLD Shares Sold by Prasad Wealth Partners LLC

Prasad Wealth Partners LLC reduced its stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 0.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 127,915 shares of the company’s stock after selling 508 shares during the quarter. PIMCO Multi Sector Bond Active ETF comprises approximately 1.0% of Prasad Wealth Partners LLC’s portfolio, making the stock its 28th biggest holding. Prasad Wealth Partners LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $3,395,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Redwood Park Advisors LLC lifted its position in shares of PIMCO Multi Sector Bond Active ETF by 13.2% in the first quarter. Redwood Park Advisors LLC now owns 3,964 shares of the company’s stock valued at $104,000 after acquiring an additional 462 shares in the last quarter. Lloyd Advisory Services LLC. lifted its position in PIMCO Multi Sector Bond Active ETF by 2.7% during the second quarter. Lloyd Advisory Services LLC. now owns 23,596 shares of the company’s stock worth $626,000 after buying an additional 612 shares during the period. Quest 10 Wealth Builders Inc. lifted its position in PIMCO Multi Sector Bond Active ETF by 50.4% during the first quarter. Quest 10 Wealth Builders Inc. now owns 1,934 shares of the company’s stock worth $51,000 after buying an additional 648 shares during the period. Parsons Capital Management Inc. RI lifted its position in PIMCO Multi Sector Bond Active ETF by 2.2% during the first quarter. Parsons Capital Management Inc. RI now owns 30,546 shares of the company’s stock worth $805,000 after buying an additional 654 shares during the period. Finally, Savvy Advisors Inc. lifted its position in PIMCO Multi Sector Bond Active ETF by 1.6% during the first quarter. Savvy Advisors Inc. now owns 47,275 shares of the company’s stock worth $1,246,000 after buying an additional 732 shares during the period.

PIMCO Multi Sector Bond Active ETF Stock Performance

NYSEARCA PYLD opened at $26.74 on Tuesday. The business’s 50-day moving average price is $26.67 and its 200 day moving average price is $26.33. PIMCO Multi Sector Bond Active ETF has a twelve month low of $25.42 and a twelve month high of $26.96.

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.