Allen Capital Group LLC increased its holdings in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) by 54.0% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,089,470 shares of the company’s stock after acquiring an additional 381,890 shares during the period. PIMCO Multi Sector Bond Active ETF makes up approximately 2.6% of Allen Capital Group LLC’s portfolio, making the stock its 8th biggest holding. Allen Capital Group LLC owned 0.22% of PIMCO Multi Sector Bond Active ETF worth $28,544,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Cornerstone Financial Management LLC acquired a new stake in PIMCO Multi Sector Bond Active ETF in the fourth quarter valued at $28,000. GHP Investment Advisors Inc. acquired a new position in shares of PIMCO Multi Sector Bond Active ETF during the 1st quarter worth $32,000. Networth Advisors LLC acquired a new position in shares of PIMCO Multi Sector Bond Active ETF during the 4th quarter worth $34,000. O Shaughnessy Asset Management LLC purchased a new position in shares of PIMCO Multi Sector Bond Active ETF in the 4th quarter valued at about $34,000. Finally, PNC Financial Services Group Inc. increased its holdings in shares of PIMCO Multi Sector Bond Active ETF by 757.1% in the 1st quarter. PNC Financial Services Group Inc. now owns 1,500 shares of the company’s stock valued at $39,000 after purchasing an additional 1,325 shares in the last quarter.
PIMCO Multi Sector Bond Active ETF Trading Down 0.2%
Shares of NYSEARCA PYLD opened at $26.15 on Friday. PIMCO Multi Sector Bond Active ETF has a 52 week low of $25.92 and a 52 week high of $27.04. The firm has a 50-day moving average price of $26.34 and a 200 day moving average price of $26.48.
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.
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