HighTower Advisors LLC increased its holdings in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) by 8.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 9,267,689 shares of the company’s stock after purchasing an additional 751,426 shares during the quarter. HighTower Advisors LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $247,262,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Goldman Sachs Group Inc. acquired a new position in shares of PIMCO Multi Sector Bond Active ETF in the 1st quarter valued at $297,000. Jane Street Group LLC acquired a new position in PIMCO Multi Sector Bond Active ETF in the first quarter valued at $3,541,000. Cetera Investment Advisers acquired a new position in PIMCO Multi Sector Bond Active ETF in the second quarter valued at $261,000. JPMorgan Chase & Co. grew its holdings in shares of PIMCO Multi Sector Bond Active ETF by 66.2% during the second quarter. JPMorgan Chase & Co. now owns 56,265 shares of the company’s stock worth $1,493,000 after purchasing an additional 22,411 shares during the last quarter. Finally, Raymond James Financial Inc. grew its holdings in shares of PIMCO Multi Sector Bond Active ETF by 73.7% during the second quarter. Raymond James Financial Inc. now owns 2,749,163 shares of the company’s stock worth $72,963,000 after purchasing an additional 1,166,083 shares during the last quarter.
PIMCO Multi Sector Bond Active ETF Price Performance
Shares of NYSEARCA PYLD opened at $26.20 on Tuesday. PIMCO Multi Sector Bond Active ETF has a 52-week low of $25.91 and a 52-week high of $27.04. The business has a 50-day moving average price of $26.37 and a 200 day moving average price of $26.64.
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. PYLD was launched on Jun 21, 2023 and is managed by PIMCO.
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