PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) Shares Sold by Mercer Global Advisors Inc. ADV

Mercer Global Advisors Inc. ADV cut its holdings in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 47.2% during the fourth quarter, Holdings Channel reports. The institutional investor owned 15,065 shares of the company’s stock after selling 13,445 shares during the period. Mercer Global Advisors Inc. ADV’s holdings in PIMCO Multi Sector Bond Active ETF were worth $390,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Janney Montgomery Scott LLC grew its holdings in shares of PIMCO Multi Sector Bond Active ETF by 220.5% during the fourth quarter. Janney Montgomery Scott LLC now owns 69,732 shares of the company’s stock worth $1,807,000 after purchasing an additional 47,977 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of PIMCO Multi Sector Bond Active ETF by 2,973.5% during the fourth quarter. JPMorgan Chase & Co. now owns 921,419 shares of the company’s stock worth $23,883,000 after purchasing an additional 891,440 shares during the last quarter. Horizon Investments LLC grew its holdings in shares of PIMCO Multi Sector Bond Active ETF by 430.1% during the fourth quarter. Horizon Investments LLC now owns 470,822 shares of the company’s stock worth $12,147,000 after purchasing an additional 382,000 shares during the last quarter. Schmidt P J Investment Management Inc. grew its holdings in shares of PIMCO Multi Sector Bond Active ETF by 10.6% during the fourth quarter. Schmidt P J Investment Management Inc. now owns 25,178 shares of the company’s stock worth $653,000 after purchasing an additional 2,405 shares during the last quarter. Finally, Parallel Advisors LLC grew its holdings in shares of PIMCO Multi Sector Bond Active ETF by 66.1% during the fourth quarter. Parallel Advisors LLC now owns 158,917 shares of the company’s stock worth $4,119,000 after purchasing an additional 63,248 shares during the last quarter.

PIMCO Multi Sector Bond Active ETF Stock Down 0.2%

Shares of PYLD stock opened at $25.98 on Thursday. The stock’s 50-day moving average is $26.07 and its two-hundred day moving average is $26.09. PIMCO Multi Sector Bond Active ETF has a 1 year low of $25.42 and a 1 year 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.