Legacy Capital Group California Inc. Trims Stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD)

Legacy Capital Group California Inc. lowered its holdings in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 0.7% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 126,682 shares of the company’s stock after selling 846 shares during the period. PIMCO Multi Sector Bond Active ETF makes up 1.1% of Legacy Capital Group California Inc.’s investment portfolio, making the stock its 11th largest position. Legacy Capital Group California Inc.’s holdings in PIMCO Multi Sector Bond Active ETF were worth $3,376,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the business. Wealth Enhancement Advisory Services LLC grew its position in PIMCO Multi Sector Bond Active ETF by 96.3% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 392,239 shares of the company’s stock worth $10,104,000 after acquiring an additional 192,454 shares in the last quarter. Bridgewealth Advisory Group LLC boosted its holdings in shares of PIMCO Multi Sector Bond Active ETF by 79.2% in the 1st quarter. Bridgewealth Advisory Group LLC now owns 523,465 shares of the company’s stock worth $13,484,000 after purchasing an additional 231,339 shares in the last quarter. Commonwealth Equity Services LLC bought a new position in shares of PIMCO Multi Sector Bond Active ETF during the 1st quarter valued at about $2,045,000. Hartline Investment Corp purchased a new position in shares of PIMCO Multi Sector Bond Active ETF during the 1st quarter valued at about $345,000. Finally, Astor Investment Management LLC bought a new stake in PIMCO Multi Sector Bond Active ETF in the 1st quarter worth approximately $8,293,000.

PIMCO Multi Sector Bond Active ETF Price Performance

Shares of PYLD opened at $26.18 on Friday. PIMCO Multi Sector Bond Active ETF has a 1 year low of $23.87 and a 1 year high of $26.70. The stock has a 50 day simple moving average of $26.43 and a two-hundred day simple moving average of $25.92.

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.