PIMCO Multi Sector Bond Active ETF $PYLD Shares Sold by Elevated Capital Advisors LLC

Elevated Capital Advisors LLC lessened its position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 30.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 124,748 shares of the company’s stock after selling 55,157 shares during the period. PIMCO Multi Sector Bond Active ETF makes up 0.8% of Elevated Capital Advisors LLC’s portfolio, making the stock its 28th biggest position. Elevated Capital Advisors LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $3,268,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes 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 about $297,000. Jane Street Group LLC acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF in the first quarter worth $3,541,000. Cetera Investment Advisers purchased a new position in shares of PIMCO Multi Sector Bond Active ETF in the 2nd quarter valued at $261,000. JPMorgan Chase & Co. lifted its holdings 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 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 valued at $72,963,000 after purchasing an additional 1,166,083 shares in the last quarter.

PIMCO Multi Sector Bond Active ETF Stock Performance

Shares of PYLD opened at $26.31 on Friday. The stock’s 50-day moving average is $26.38 and its two-hundred day moving average is $26.54. PIMCO Multi Sector Bond Active ETF has a 12 month low of $25.92 and a 12 month 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.