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

Elevated Capital Advisors LLC trimmed its position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 30.7% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 124,748 shares of the company’s stock after selling 55,157 shares during the period. PIMCO Multi Sector Bond Active ETF accounts for about 0.8% of Elevated Capital Advisors LLC’s investment portfolio, making the stock its 28th biggest holding. 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 reporting period.

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

PIMCO Multi Sector Bond Active ETF Price Performance

PYLD stock opened at $26.31 on Friday. The stock’s 50 day simple moving average is $26.38 and its 200 day simple 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.