Scott Capital Advisors LLC boosted its holdings in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) by 5.4% during the third quarter, Holdings Channel.com reports. The institutional investor owned 780,275 shares of the company’s stock after acquiring an additional 40,124 shares during the quarter. PIMCO Multi Sector Bond Active ETF accounts for approximately 2.8% of Scott Capital Advisors LLC’s portfolio, making the stock its 13th largest position. Scott Capital Advisors LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $19,749,000 at the end of the most recent reporting period.
Other large investors also recently modified their holdings of the company. Bank of America Corp DE lifted 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 acquiring an additional 4,896,498 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in shares of PIMCO Multi Sector Bond Active ETF by 13.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 13,551,778 shares of the company’s stock valued at $359,393,000 after acquiring an additional 1,570,862 shares during the period. Sequoia Financial Advisors LLC grew its stake in PIMCO Multi Sector Bond Active ETF by 12.8% during 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 in the last quarter. Advance Capital Management Inc. increased its stake in PIMCO Multi Sector Bond Active ETF by 44.7% in the first quarter. Advance Capital Management Inc. now owns 7,109,897 shares of the company’s stock valued at $186,279,000 after acquiring an additional 2,195,875 shares during the last quarter. Finally, NewEdge Advisors LLC raised its holdings in shares of PIMCO Multi Sector Bond Active ETF by 15.0% during the 2nd 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 in the last quarter.
PIMCO Multi Sector Bond Active ETF Price Performance
PYLD stock opened at $25.39 on Tuesday. The firm has a 50-day moving average price of $25.87 and a 200-day moving average price of $26.18. PIMCO Multi Sector Bond Active ETF has a 12 month low of $25.15 and a 12 month 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.
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