Proficio Capital Partners LLC Reduces Position in PIMCO Multi Sector Bond Active ETF $PYLD

Proficio Capital Partners LLC lessened its holdings in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 98.5% in the 2nd quarter, Holdings Channel reports. The fund owned 16,325 shares of the company’s stock after selling 1,083,684 shares during the quarter. Proficio Capital Partners LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $433,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of PYLD. Bank of America Corp DE lifted its stake in PIMCO Multi Sector Bond Active ETF by 26.9% in the 1st quarter. Bank of America Corp DE now owns 23,087,966 shares of the company’s stock worth $604,905,000 after purchasing an additional 4,896,498 shares in the last quarter. Morgan Stanley grew its position in shares of PIMCO Multi Sector Bond Active ETF by 33.6% in the fourth quarter. Morgan Stanley now owns 17,115,719 shares of the company’s stock valued at $456,647,000 after purchasing an additional 4,308,632 shares in the last quarter. LPL Financial LLC increased its holdings in shares of PIMCO Multi Sector Bond Active ETF by 34.3% in the fourth quarter. LPL Financial LLC now owns 14,584,034 shares of the company’s stock valued at $389,102,000 after purchasing an additional 3,727,898 shares during the last quarter. Ocean Park Asset Management LLC acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF in the second quarter valued at approximately $87,004,000. Finally, WCG Wealth Advisors LLC increased its holdings in shares of PIMCO Multi Sector Bond Active ETF by 216.0% in the fourth quarter. WCG Wealth Advisors LLC now owns 3,486,174 shares of the company’s stock valued at $93,013,000 after purchasing an additional 2,382,880 shares during the last quarter.

PIMCO Multi Sector Bond Active ETF Trading Up 0.2%

Shares of PIMCO Multi Sector Bond Active ETF stock opened at $26.03 on Friday. The business’s 50 day moving average price is $26.23 and its 200 day moving average price is $26.37. PIMCO Multi Sector Bond Active ETF has a one year low of $25.92 and a one year high of $27.04.

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.