Elevated Capital Advisors LLC Takes $6.94 Million Position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD)

Elevated Capital Advisors LLC bought a new position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) during the third quarter, HoldingsChannel.com reports. The institutional investor bought 260,277 shares of the company’s stock, valued at approximately $6,936,000. PIMCO Multi Sector Bond Active ETF comprises about 1.8% of Elevated Capital Advisors LLC’s investment portfolio, making the stock its 9th biggest position.

Other institutional investors have also modified their holdings of the company. Delta Investment Management LLC raised its position in shares of PIMCO Multi Sector Bond Active ETF by 9.8% in the 2nd quarter. Delta Investment Management LLC now owns 155,009 shares of the company’s stock valued at $3,974,000 after purchasing an additional 13,848 shares in the last quarter. WCG Wealth Advisors LLC acquired a new stake in PIMCO Multi Sector Bond Active ETF in the second quarter valued at $24,621,000. Bleakley Financial Group LLC boosted its stake in PIMCO Multi Sector Bond Active ETF by 39.2% during the 1st quarter. Bleakley Financial Group LLC now owns 159,745 shares of the company’s stock valued at $4,115,000 after acquiring an additional 45,000 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in PIMCO Multi Sector Bond Active ETF by 267.7% during the 2nd 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 in the last quarter. Finally, Oppenheimer & Co. Inc. bought a new stake in shares of PIMCO Multi Sector Bond Active ETF in the 1st quarter worth about $1,058,000.

PIMCO Multi Sector Bond Active ETF Stock Down 0.2 %

Shares of PYLD stock opened at $26.23 on Wednesday. PIMCO Multi Sector Bond Active ETF has a one year low of $23.76 and a one year 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 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.