Schmidt P J Investment Management Inc. Has $556,000 Position in PIMCO Multi Sector Bond Active ETF $PYLD

Schmidt P J Investment Management Inc. lowered its stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 25.6% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 20,942 shares of the company’s stock after selling 7,190 shares during the period. Schmidt P J Investment Management Inc.’s holdings in PIMCO Multi Sector Bond Active ETF were worth $556,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in PYLD. Oppenheimer & Co. Inc. raised its position in shares of PIMCO Multi Sector Bond Active ETF by 5.7% during the first quarter. Oppenheimer & Co. Inc. now owns 48,475 shares of the company’s stock valued at $1,277,000 after buying an additional 2,630 shares during the last quarter. Golden State Wealth Management LLC raised its position in shares of PIMCO Multi Sector Bond Active ETF by 12.3% during the first quarter. Golden State Wealth Management LLC now owns 16,925 shares of the company’s stock valued at $446,000 after buying an additional 1,848 shares during the last quarter. Beacon Financial Planning Inc. raised its position in shares of PIMCO Multi Sector Bond Active ETF by 22.9% during the first quarter. Beacon Financial Planning Inc. now owns 43,019 shares of the company’s stock valued at $1,134,000 after buying an additional 8,014 shares during the last quarter. Sovran Advisors LLC acquired a new position in shares of PIMCO Multi Sector Bond Active ETF during the first quarter valued at about $235,000. Finally, Stonebridge Financial Group LLC raised its position in shares of PIMCO Multi Sector Bond Active ETF by 26.1% during the first quarter. Stonebridge Financial Group LLC now owns 135,599 shares of the company’s stock valued at $3,573,000 after buying an additional 28,079 shares during the last quarter.

PIMCO Multi Sector Bond Active ETF Stock Up 0.1%

Shares of PYLD opened at $26.95 on Monday. The company has a 50-day simple moving average of $26.76 and a 200-day simple moving average of $26.40. PIMCO Multi Sector Bond Active ETF has a 52 week low of $25.42 and a 52 week high of $26.98.

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.