Citizens Financial Group Inc. RI Makes New Investment in PIMCO Multi Sector Bond Active ETF $PYLD

Citizens Financial Group Inc. RI purchased a new stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) in the 3rd quarter, HoldingsChannel reports. The fund purchased 38,240 shares of the company’s stock, valued at approximately $971,000.

Several other hedge funds also recently added to or reduced their stakes in PYLD. Milestone Asset Management LLC lifted its stake in shares of PIMCO Multi Sector Bond Active ETF by 0.5% during the third quarter. Milestone Asset Management LLC now owns 77,155 shares of the company’s stock worth $1,959,000 after purchasing an additional 410 shares in the last quarter. Signature Equity Partners LLC boosted its position in shares of PIMCO Multi Sector Bond Active ETF by 14.6% in the first quarter. Signature Equity Partners LLC now owns 3,359 shares of the company’s stock worth $88,000 after buying an additional 428 shares during the period. Compound Planning Inc. boosted its position in shares of PIMCO Multi Sector Bond Active ETF by 3.9% in the first quarter. Compound Planning Inc. now owns 15,047 shares of the company’s stock worth $394,000 after buying an additional 561 shares during the period. RDA Financial Network grew its stake in shares of PIMCO Multi Sector Bond Active ETF by 1.5% in the third quarter. RDA Financial Network now owns 58,186 shares of the company’s stock valued at $1,477,000 after buying an additional 855 shares in the last quarter. Finally, Allworth Financial LP raised its holdings in shares of PIMCO Multi Sector Bond Active ETF by 5.7% during the 2nd quarter. Allworth Financial LP now owns 16,091 shares of the company’s stock valued at $427,000 after buying an additional 861 shares during the period.

PIMCO Multi Sector Bond Active ETF Price Performance

PIMCO Multi Sector Bond Active ETF stock opened at $25.56 on Thursday. The stock’s 50 day moving average price is $25.70 and its 200 day moving average price is $26.27. PIMCO Multi Sector Bond Active ETF has a one year low of $25.15 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.