Janney Montgomery Scott LLC Raises Position in PIMCO Multi Sector Bond Active ETF $PYLD

Janney Montgomery Scott LLC raised its position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 8.9% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,150,882 shares of the company’s stock after acquiring an additional 93,945 shares during the quarter. Janney Montgomery Scott LLC owned approximately 0.24% of PIMCO Multi Sector Bond Active ETF worth $30,153,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. Stratos Wealth Partners LTD. grew its stake in shares of PIMCO Multi Sector Bond Active ETF by 114.0% during the fourth quarter. Stratos Wealth Partners LTD. now owns 159,965 shares of the company’s stock valued at $4,268,000 after buying an additional 85,219 shares during the last quarter. CarsonAllaria Wealth Management Ltd. lifted its holdings in PIMCO Multi Sector Bond Active ETF by 9.9% during the 4th quarter. CarsonAllaria Wealth Management Ltd. now owns 240,300 shares of the company’s stock valued at $6,411,000 after buying an additional 21,669 shares in the last quarter. NavPoint Financial Inc. raised its stake in shares of PIMCO Multi Sector Bond Active ETF by 105.0% during the fourth quarter. NavPoint Financial Inc. now owns 110,775 shares of the company’s stock valued at $2,955,000 after acquiring an additional 56,729 shares in the last quarter. Base Wealth Management LLC raised its stake in shares of PIMCO Multi Sector Bond Active ETF by 12.7% during the fourth quarter. Base Wealth Management LLC now owns 478,568 shares of the company’s stock valued at $12,768,000 after acquiring an additional 53,818 shares in the last quarter. Finally, Sheridan Capital Management LLC boosted its holdings in shares of PIMCO Multi Sector Bond Active ETF by 8.0% in the fourth quarter. Sheridan Capital Management LLC now owns 1,170,467 shares of the company’s stock valued at $31,228,000 after purchasing an additional 86,887 shares during the period.

PIMCO Multi Sector Bond Active ETF Stock Performance

PYLD opened at $26.59 on Tuesday. The stock’s fifty day moving average is $26.41 and its two-hundred day moving average is $26.56. PIMCO Multi Sector Bond Active ETF has a 52 week low of $25.92 and a 52 week high of $27.04.

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.