IFP Advisors Inc Sells 32,782 Shares of PIMCO Multi Sector Bond Active ETF $PYLD

IFP Advisors Inc reduced its position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 93.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,291 shares of the company’s stock after selling 32,782 shares during the period. IFP Advisors Inc’s holdings in PIMCO Multi Sector Bond Active ETF were worth $58,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Bank of America Corp DE boosted its stake in shares of PIMCO Multi Sector Bond Active ETF by 26.9% in 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. Waverly Advisors LLC increased its position in shares of PIMCO Multi Sector Bond Active ETF by 32,509.5% during the second quarter. Waverly Advisors LLC now owns 4,417,609 shares of the company’s stock worth $117,155,000 after purchasing an additional 4,404,062 shares in the last quarter. Ocean Park Asset Management LLC acquired a new position in PIMCO Multi Sector Bond Active ETF in the 2nd quarter valued at $87,004,000. Journey Advisory Group LLC acquired a new position in PIMCO Multi Sector Bond Active ETF in the 1st quarter valued at $60,262,000. Finally, Advance Capital Management Inc. raised its stake in PIMCO Multi Sector Bond Active ETF by 44.7% in the 1st quarter. Advance Capital Management Inc. now owns 7,109,897 shares of the company’s stock valued at $186,279,000 after purchasing an additional 2,195,875 shares during the last quarter.

PIMCO Multi Sector Bond Active ETF Stock Performance

Shares of PYLD stock opened at $25.63 on Friday. The stock’s fifty day moving average is $25.68 and its two-hundred day moving average is $26.26. PIMCO Multi Sector Bond Active ETF has a fifty-two week low of $25.15 and a fifty-two week high of $26.95.

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.