Legacy Capital Group California Inc. Cuts Stock Holdings in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD)

Legacy Capital Group California Inc. decreased its position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 0.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 126,682 shares of the company’s stock after selling 846 shares during the quarter. PIMCO Multi Sector Bond Active ETF makes up approximately 1.1% of Legacy Capital Group California Inc.’s portfolio, making the stock its 11th largest position. Legacy Capital Group California Inc. owned about 0.42% of PIMCO Multi Sector Bond Active ETF worth $3,376,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in PYLD. Cape Investment Advisory Inc. bought a new position in PIMCO Multi Sector Bond Active ETF in the 1st quarter valued at $25,000. Mather Group LLC. bought a new position in PIMCO Multi Sector Bond Active ETF during the second quarter valued at about $28,000. First Horizon Advisors Inc. purchased a new stake in PIMCO Multi Sector Bond Active ETF during the second quarter worth about $28,000. Mark Sheptoff Financial Planning LLC bought a new stake in PIMCO Multi Sector Bond Active ETF in the first quarter worth about $53,000. Finally, Future Financial Wealth Managment LLC purchased a new position in PIMCO Multi Sector Bond Active ETF in the third quarter valued at about $167,000.

PIMCO Multi Sector Bond Active ETF Stock Performance

Shares of PYLD stock opened at $26.18 on Friday. The company has a 50 day moving average of $26.43 and a 200-day moving average of $25.92. PIMCO Multi Sector Bond Active ETF has a 12-month low of $23.87 and a 12-month high of $26.70.

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.