Beacon Financial Advisory LLC Has $2.46 Million Stock Holdings in PIMCO Multi Sector Bond Active ETF $PYLD

Beacon Financial Advisory LLC cut its position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 79.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund 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 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the company. Morgan Stanley increased its stake in shares of PIMCO Multi Sector Bond Active ETF by 33.6% during the 4th quarter. Morgan Stanley now owns 17,115,719 shares of the company’s stock worth $456,647,000 after purchasing an additional 4,308,632 shares during the last quarter. Bank of America Corp DE increased its stake in shares of PIMCO Multi Sector Bond Active ETF by 35.3% during the 3rd quarter. Bank of America Corp DE now owns 15,573,447 shares of the company’s stock worth $417,991,000 after purchasing an additional 4,059,150 shares during the last quarter. LPL Financial LLC increased its stake in shares of PIMCO Multi Sector Bond Active ETF by 34.3% during the 4th quarter. LPL Financial LLC now owns 14,584,034 shares of the company’s stock worth $389,102,000 after purchasing an additional 3,727,898 shares during the last quarter. Sequoia Financial Advisors LLC increased its stake in shares of PIMCO Multi Sector Bond Active ETF by 24.0% during the 4th quarter. Sequoia Financial Advisors LLC now owns 9,459,806 shares of the company’s stock worth $252,388,000 after purchasing an additional 1,831,959 shares during the last quarter. Finally, HighTower Advisors LLC increased its stake in shares of PIMCO Multi Sector Bond Active ETF by 8.8% during the 4th quarter. HighTower Advisors LLC now owns 9,267,689 shares of the company’s stock worth $247,262,000 after purchasing an additional 751,426 shares during the last quarter.

PIMCO Multi Sector Bond Active ETF Stock Performance

PIMCO Multi Sector Bond Active ETF stock opened at $26.48 on Tuesday. The company’s 50-day moving average is $26.39 and its 200-day moving average is $26.58. PIMCO Multi Sector Bond Active ETF has a fifty-two week low of $25.92 and a fifty-two week high of $27.04.

About PIMCO Multi Sector Bond Active ETF

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.