Orion Portfolio Solutions LLC Sells 21,229 Shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD)

Orion Portfolio Solutions LLC trimmed its holdings in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 4.2% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 483,602 shares of the company’s stock after selling 21,229 shares during the period. Orion Portfolio Solutions LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $12,535,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the stock. LPL Financial LLC lifted its stake in shares of PIMCO Multi Sector Bond Active ETF by 89.7% in the fourth quarter. LPL Financial LLC now owns 4,107,280 shares of the company’s stock worth $106,461,000 after buying an additional 1,941,964 shares during the last quarter. Sequoia Financial Advisors LLC raised its holdings in PIMCO Multi Sector Bond Active ETF by 15.6% in the 4th quarter. Sequoia Financial Advisors LLC now owns 2,986,289 shares of the company’s stock worth $77,405,000 after acquiring an additional 402,502 shares during the period. HighTower Advisors LLC lifted its position in PIMCO Multi Sector Bond Active ETF by 26.5% during the 4th quarter. HighTower Advisors LLC now owns 2,593,374 shares of the company’s stock worth $67,220,000 after acquiring an additional 544,077 shares during the last quarter. Krilogy Financial LLC boosted its holdings in PIMCO Multi Sector Bond Active ETF by 48.7% during the fourth quarter. Krilogy Financial LLC now owns 2,146,770 shares of the company’s stock valued at $55,644,000 after acquiring an additional 703,231 shares during the period. Finally, TruWealth Advisors LLC acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF in the fourth quarter valued at about $46,875,000.

PIMCO Multi Sector Bond Active ETF Price Performance

NYSEARCA PYLD opened at $26.32 on Friday. The stock has a 50-day simple moving average of $26.23 and a 200 day simple moving average of $26.21. PIMCO Multi Sector Bond Active ETF has a twelve month low of $25.11 and a twelve month high of $26.70.

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.