Kensington Asset Management LLC Acquires 214,467 Shares of PIMCO Multi Sector Bond Active ETF $PYLD

Kensington Asset Management LLC grew its holdings in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 14.5% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,690,431 shares of the company’s stock after purchasing an additional 214,467 shares during the period. PIMCO Multi Sector Bond Active ETF comprises approximately 2.1% of Kensington Asset Management LLC’s investment portfolio, making the stock its 14th biggest holding. Kensington Asset Management LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $44,289,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Bank of America Corp DE lifted its position in shares of PIMCO Multi Sector Bond Active ETF by 26.9% in the first quarter. Bank of America Corp DE now owns 23,087,966 shares of the company’s stock worth $604,905,000 after purchasing an additional 4,896,498 shares in the last quarter. Morgan Stanley grew its position in PIMCO Multi Sector Bond Active ETF by 33.6% in the fourth quarter. Morgan Stanley now owns 17,115,719 shares of the company’s stock valued at $456,647,000 after purchasing an additional 4,308,632 shares in the last quarter. LPL Financial LLC grew its position in PIMCO Multi Sector Bond Active ETF by 34.3% in the fourth quarter. LPL Financial LLC now owns 14,584,034 shares of the company’s stock valued at $389,102,000 after purchasing an additional 3,727,898 shares in the last quarter. Sequoia Financial Advisors LLC increased its stake in PIMCO Multi Sector Bond Active ETF by 16.2% in the 1st quarter. Sequoia Financial Advisors LLC now owns 10,994,877 shares of the company’s stock valued at $288,066,000 after buying an additional 1,535,071 shares during the last quarter. Finally, HighTower Advisors LLC increased its stake in PIMCO Multi Sector Bond Active ETF by 8.8% in the 4th quarter. HighTower Advisors LLC now owns 9,267,689 shares of the company’s stock valued at $247,262,000 after buying an additional 751,426 shares during the last quarter.

PIMCO Multi Sector Bond Active ETF Price Performance

Shares of NYSEARCA:PYLD opened at $26.15 on Friday. The company’s 50-day moving average price is $26.34 and its two-hundred day moving average price is $26.48. PIMCO Multi Sector Bond Active ETF has a one year low of $25.92 and a one year 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.