Kestra Advisory Services LLC Acquires 666,588 Shares of PIMCO Multi Sector Bond Active ETF $PYLD

Kestra Advisory Services LLC boosted its stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 631.1% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 772,210 shares of the company’s stock after purchasing an additional 666,588 shares during the period. Kestra Advisory Services LLC owned about 0.16% of PIMCO Multi Sector Bond Active ETF worth $20,232,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the stock. Goldman Sachs Group Inc. acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF in the first quarter valued at about $297,000. Jane Street Group LLC acquired a new position in shares of PIMCO Multi Sector Bond Active ETF in the first quarter worth approximately $3,541,000. Cetera Investment Advisers acquired a new position in shares of PIMCO Multi Sector Bond Active ETF in the second quarter worth approximately $261,000. JPMorgan Chase & Co. boosted its holdings in PIMCO Multi Sector Bond Active ETF by 66.2% in the second 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. boosted its holdings in PIMCO Multi Sector Bond Active ETF by 73.7% in the second 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 Stock Performance

NYSEARCA:PYLD traded down $0.01 on Friday, reaching $26.30. 3,596,746 shares of the stock traded hands, compared to its average volume of 4,000,981. The company’s 50 day moving average is $26.38 and its 200-day moving average is $26.54. PIMCO Multi Sector Bond Active ETF has a 1-year low of $25.92 and a 1-year 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.