PIMCO Multi Sector Bond Active ETF $PYLD Shares Sold by Beta Wealth Group Inc.

Beta Wealth Group Inc. lowered its stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 3.4% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 574,233 shares of the company’s stock after selling 19,955 shares during the period. PIMCO Multi Sector Bond Active ETF comprises about 6.1% of Beta Wealth Group Inc.’s investment portfolio, making the stock its 2nd biggest holding. Beta Wealth Group Inc. owned 0.13% of PIMCO Multi Sector Bond Active ETF worth $15,321,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of PYLD. Goldman Sachs Group Inc. acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF during the 1st quarter valued at $297,000. Jane Street Group LLC acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF during the 1st quarter valued at $3,541,000. Cetera Investment Advisers acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF during the 2nd quarter valued at $261,000. JPMorgan Chase & Co. boosted its stake in shares of PIMCO Multi Sector Bond Active ETF by 66.2% during 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 period. Finally, Raymond James Financial Inc. lifted its stake in shares of 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 purchasing an additional 1,166,083 shares during the last quarter.

PIMCO Multi Sector Bond Active ETF Stock Up 0.2%

PYLD stock opened at $26.42 on Friday. PIMCO Multi Sector Bond Active ETF has a 1 year low of $25.92 and a 1 year high of $27.04. The company has a fifty day simple moving average of $26.39 and a 200 day simple moving average of $26.59.

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.