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

Kestra Advisory Services LLC raised its holdings in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 14.2% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 956,161 shares of the company’s stock after buying an additional 118,753 shares during the quarter. Kestra Advisory Services LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $24,277,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Quadcap Wealth Management LLC lifted its holdings in shares of PIMCO Multi Sector Bond Active ETF by 6.4% during the third quarter. Quadcap Wealth Management LLC now owns 319,829 shares of the company’s stock worth $8,120,000 after buying an additional 19,321 shares during the last quarter. Commonwealth Equity Services LLC bought a new stake in shares of PIMCO Multi Sector Bond Active ETF in the third quarter valued at approximately $76,858,000. Schmidt P J Investment Management Inc. acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF in the third quarter worth $573,000. Bfsg LLC grew its stake in shares of PIMCO Multi Sector Bond Active ETF by 69.5% in the third quarter. Bfsg LLC now owns 119,045 shares of the company’s stock worth $3,023,000 after acquiring an additional 48,813 shares during the last quarter. Finally, Clear Point Advisors Inc. acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF in the third quarter worth $276,000.

PIMCO Multi Sector Bond Active ETF Price Performance

Shares of PYLD stock opened at $25.65 on Friday. PIMCO Multi Sector Bond Active ETF has a 1 year low of $25.15 and a 1 year high of $26.95. The firm’s fifty day simple moving average is $25.62 and its 200 day simple moving average is $26.22.

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.