PIMCO Multi Sector Bond Active ETF $PYLD Shares Bought by Legacy Financial Advisors Inc.

Legacy Financial Advisors Inc. grew its holdings in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 2.7% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 836,433 shares of the company’s stock after purchasing an additional 22,069 shares during the quarter. PIMCO Multi Sector Bond Active ETF makes up about 2.8% of Legacy Financial Advisors Inc.’s investment portfolio, making the stock its 8th biggest position. Legacy Financial Advisors Inc. owned 0.15% of PIMCO Multi Sector Bond Active ETF worth $22,182,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in PYLD. Goldman Sachs Group Inc. purchased a new stake in PIMCO Multi Sector Bond Active ETF in the 1st quarter valued at about $297,000. Jane Street Group LLC purchased a new stake in PIMCO Multi Sector Bond Active ETF in the first quarter valued at approximately $3,541,000. Cetera Investment Advisers acquired a new position in PIMCO Multi Sector Bond Active ETF during the second quarter worth approximately $261,000. JPMorgan Chase & Co. increased its position in PIMCO Multi Sector Bond Active ETF by 66.2% during the second quarter. JPMorgan Chase & Co. now owns 56,265 shares of the company’s stock worth $1,493,000 after purchasing an additional 22,411 shares during the last quarter. Finally, Raymond James Financial Inc. raised its stake in PIMCO Multi Sector Bond Active ETF by 73.7% during the second quarter. Raymond James Financial Inc. now owns 2,749,163 shares of the company’s stock worth $72,963,000 after purchasing an additional 1,166,083 shares during the period.

PIMCO Multi Sector Bond Active ETF Trading Up 0.0%

Shares of PYLD opened at $26.17 on Tuesday. PIMCO Multi Sector Bond Active ETF has a fifty-two week low of $25.92 and a fifty-two week high of $27.04. The company’s fifty day moving average is $26.26 and its two-hundred day moving average is $26.39.

PIMCO Multi Sector Bond Active ETF 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.