State of New Jersey Common Pension Fund D Makes New Investment in PIMCO Multi Sector Bond Active ETF $PYLD

State of New Jersey Common Pension Fund D acquired a new stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 1,500,000 shares of the company’s stock, valued at approximately $40,020,000. State of New Jersey Common Pension Fund D owned 0.35% of PIMCO Multi Sector Bond Active ETF as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Mather Group LLC. purchased a new stake in PIMCO Multi Sector Bond Active ETF in the 3rd quarter worth approximately $32,000. Networth Advisors LLC purchased a new position in PIMCO Multi Sector Bond Active ETF in the fourth quarter valued at $34,000. JFS Wealth Advisors LLC purchased a new position in shares of PIMCO Multi Sector Bond Active ETF in the 4th quarter valued at about $51,000. Texas Capital Bancshares Inc TX purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF in the third quarter valued at approximately $67,000. Finally, Bangor Savings Bank acquired a new position in PIMCO Multi Sector Bond Active ETF during the fourth quarter worth $70,000.

PIMCO Multi Sector Bond Active ETF Price Performance

Shares of PIMCO Multi Sector Bond Active ETF stock opened at $26.42 on Thursday. The firm’s 50-day moving average price is $26.47 and its 200 day moving average price is $26.69. PIMCO Multi Sector Bond Active ETF has a twelve month low of $25.90 and a twelve month high of $27.04.

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. PYLD was launched on Jun 21, 2023 and is managed by PIMCO.