PIMCO Multi Sector Bond Active ETF $PYLD Shares Bought by Acorn Financial Advisory Services Inc. ADV

Acorn Financial Advisory Services Inc. ADV boosted its holdings in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 32.6% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,506,547 shares of the company’s stock after purchasing an additional 370,445 shares during the quarter. PIMCO Multi Sector Bond Active ETF makes up 5.4% of Acorn Financial Advisory Services Inc. ADV’s holdings, making the stock its 5th largest position. Acorn Financial Advisory Services Inc. ADV owned about 0.31% of PIMCO Multi Sector Bond Active ETF worth $39,472,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. Goldman Sachs Group Inc. acquired a new position in shares of PIMCO Multi Sector Bond Active ETF during the 1st quarter worth approximately $297,000. Jane Street Group LLC acquired a new stake in PIMCO Multi Sector Bond Active ETF in the 1st quarter valued at $3,541,000. Cetera Investment Advisers acquired a new stake in PIMCO Multi Sector Bond Active ETF in the 2nd quarter valued at $261,000. JPMorgan Chase & Co. increased its holdings 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 worth $1,493,000 after acquiring an additional 22,411 shares in the last quarter. Finally, Raymond James Financial Inc. increased its holdings in 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 worth $72,963,000 after acquiring an additional 1,166,083 shares in the last quarter.

PIMCO Multi Sector Bond Active ETF Stock Performance

NYSEARCA:PYLD opened at $26.52 on Wednesday. The company has a fifty day moving average of $26.41 and a two-hundred day moving average of $26.56. 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.