Orion Portfolio Solutions LLC Reduces Stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD)

Orion Portfolio Solutions LLC cut its stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 4.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 504,831 shares of the company’s stock after selling 24,235 shares during the period. Orion Portfolio Solutions LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $13,454,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also modified their holdings of the company. Mather Group LLC. bought a new position in shares of PIMCO Multi Sector Bond Active ETF during the 2nd quarter valued at approximately $28,000. First Horizon Advisors Inc. bought a new stake in PIMCO Multi Sector Bond Active ETF in the second quarter worth $28,000. Peterson Financial Group Inc. purchased a new position in PIMCO Multi Sector Bond Active ETF during the third quarter worth $42,000. Mark Sheptoff Financial Planning LLC increased its position in PIMCO Multi Sector Bond Active ETF by 47.4% during the second quarter. Mark Sheptoff Financial Planning LLC now owns 3,049 shares of the company’s stock valued at $78,000 after acquiring an additional 980 shares during the last quarter. Finally, Future Financial Wealth Managment LLC bought a new position in PIMCO Multi Sector Bond Active ETF during the third quarter valued at $167,000.

PIMCO Multi Sector Bond Active ETF Stock Performance

PIMCO Multi Sector Bond Active ETF stock opened at $26.28 on Friday. PIMCO Multi Sector Bond Active ETF has a 12-month low of $25.02 and a 12-month high of $26.70. The firm has a 50-day moving average price of $26.20 and a 200-day moving average price of $26.08.

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.