PIMCO Multi Sector Bond Active ETF $PYLD Stock: Kestra Advisory Services LLC Grows Stake

Kestra Advisory Services LLC lifted its stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 14.2% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 956,161 shares of the company’s stock after acquiring an additional 118,753 shares during the period. Kestra Advisory Services LLC owned 0.15% of PIMCO Multi Sector Bond Active ETF worth $24,277,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in PYLD. Bank of America Corp DE boosted its position in PIMCO Multi Sector Bond Active ETF by 26.9% during the first 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 during the period. Envestnet Asset Management Inc. raised its position in shares of PIMCO Multi Sector Bond Active ETF by 13.1% in the second quarter. Envestnet Asset Management Inc. now owns 13,551,778 shares of the company’s stock valued at $359,393,000 after purchasing an additional 1,570,862 shares during the period. Sequoia Financial Advisors LLC lifted its stake in shares of PIMCO Multi Sector Bond Active ETF by 12.8% in the second quarter. Sequoia Financial Advisors LLC now owns 12,401,335 shares of the company’s stock worth $328,883,000 after buying an additional 1,406,458 shares during the last quarter. Retirement Planning Group LLC acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF in the third quarter worth $193,884,000. Finally, NewEdge Advisors LLC lifted its stake in shares of PIMCO Multi Sector Bond Active ETF by 15.0% in the second quarter. NewEdge Advisors LLC now owns 6,448,357 shares of the company’s stock worth $171,010,000 after buying an additional 839,295 shares during the last quarter.

PIMCO Multi Sector Bond Active ETF Price Performance

NYSEARCA PYLD opened at $25.65 on Friday. The company has a fifty day simple moving average of $25.62 and a 200 day simple moving average of $26.22. PIMCO Multi Sector Bond Active ETF has a 1 year low of $25.15 and a 1 year high of $26.95.

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.