Pictet North America Advisors SA Trims Stock Position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD)

Pictet North America Advisors SA cut its holdings in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 6.0% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 509,478 shares of the company’s stock after selling 32,698 shares during the quarter. PIMCO Multi Sector Bond Active ETF comprises approximately 1.3% of Pictet North America Advisors SA’s portfolio, making the stock its 24th largest holding. Pictet North America Advisors SA owned about 1.70% of PIMCO Multi Sector Bond Active ETF worth $13,578,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the business. Retirement Planning Group LLC increased its stake in PIMCO Multi Sector Bond Active ETF by 47.2% in the third quarter. Retirement Planning Group LLC now owns 2,748,900 shares of the company’s stock valued at $73,258,000 after purchasing an additional 880,999 shares during the period. Sequoia Financial Advisors LLC increased its stake in PIMCO Multi Sector Bond Active ETF by 13.5% in the third quarter. Sequoia Financial Advisors LLC now owns 2,583,787 shares of the company’s stock valued at $68,858,000 after purchasing an additional 307,816 shares during the period. NewEdge Advisors LLC increased its stake in PIMCO Multi Sector Bond Active ETF by 409.8% in the second quarter. NewEdge Advisors LLC now owns 1,464,239 shares of the company’s stock valued at $37,543,000 after purchasing an additional 1,177,009 shares during the period. Krilogy Financial LLC increased its stake in PIMCO Multi Sector Bond Active ETF by 20.3% in the second quarter. Krilogy Financial LLC now owns 1,279,510 shares of the company’s stock valued at $32,807,000 after purchasing an additional 215,580 shares during the period. Finally, Envestnet Asset Management Inc. increased its stake in shares of PIMCO Multi Sector Bond Active ETF by 267.7% during the second quarter. Envestnet Asset Management Inc. now owns 1,083,634 shares of the company’s stock worth $27,784,000 after acquiring an additional 788,906 shares during the period.

PIMCO Multi Sector Bond Active ETF Trading Down 0.2 %

Shares of PIMCO Multi Sector Bond Active ETF stock opened at $26.23 on Wednesday. PIMCO Multi Sector Bond Active ETF has a 52-week low of $23.76 and a 52-week high of $26.70. The company’s 50-day simple moving average is $26.43 and its 200-day simple moving average is $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.