PIMCO Multi Sector Bond Active ETF $PYLD Stock: Stokes Capital Advisors LLC Trims Holdings

Stokes Capital Advisors LLC decreased its position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 28.0% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 501,361 shares of the company’s stock after selling 195,294 shares during the quarter. PIMCO Multi Sector Bond Active ETF accounts for approximately 2.9% of Stokes Capital Advisors LLC’s holdings, making the stock its 5th biggest holding. Stokes Capital Advisors LLC owned approximately 0.08% of PIMCO Multi Sector Bond Active ETF worth $12,730,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in PYLD. Cornerstone Financial Management LLC bought a new position in PIMCO Multi Sector Bond Active ETF during the 4th quarter valued at about $28,000. GHP Investment Advisors Inc. bought a new stake in PIMCO Multi Sector Bond Active ETF during the first quarter worth about $32,000. Cedar Mountain Advisors LLC acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF during the second quarter worth approximately $38,000. PNC Financial Services Group Inc. increased its holdings in shares of PIMCO Multi Sector Bond Active ETF by 757.1% during the first quarter. PNC Financial Services Group Inc. now owns 1,500 shares of the company’s stock worth $39,000 after buying an additional 1,325 shares in the last quarter. Finally, Eastern Bank bought a new position in shares of PIMCO Multi Sector Bond Active ETF in the third quarter valued at approximately $64,000.

PIMCO Multi Sector Bond Active ETF Price Performance

Shares of PYLD opened at $25.39 on Friday. PIMCO Multi Sector Bond Active ETF has a one year low of $25.15 and a one year high of $27.04. The business’s 50 day simple moving average is $25.88 and its 200-day simple moving average is $26.18.

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.