Envestnet Portfolio Solutions Inc. Sells 36,485 Shares of PIMCO Multi Sector Bond Active ETF $PYLD

Envestnet Portfolio Solutions Inc. lowered its stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 4.5% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 767,391 shares of the company’s stock after selling 36,485 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in PIMCO Multi Sector Bond Active ETF were worth $20,474,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in PYLD. Goldman Sachs Group Inc. acquired a new position in shares of PIMCO Multi Sector Bond Active ETF in the 1st quarter valued at approximately $297,000. Jane Street Group LLC bought a new stake in shares of PIMCO Multi Sector Bond Active ETF during the 1st quarter worth approximately $3,541,000. Cetera Investment Advisers acquired a new stake in PIMCO Multi Sector Bond Active ETF in the second quarter valued at $261,000. JPMorgan Chase & Co. lifted 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 purchasing an additional 22,411 shares during the last quarter. Finally, Raymond James Financial Inc. raised its stake in PIMCO Multi Sector Bond Active ETF by 73.7% in the second 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 period.

PIMCO Multi Sector Bond Active ETF Stock Down 0.5%

Shares of PIMCO Multi Sector Bond Active ETF stock opened at $26.07 on Wednesday. The business has a fifty day simple moving average of $26.36 and a two-hundred day simple moving average of $26.64. PIMCO Multi Sector Bond Active ETF has a 1 year low of $25.91 and a 1 year high of $27.04.

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.