Renaissance Technologies LLC Has $1.73 Million Stake in PIMCO Multi Sector Bond Active ETF $PYLD

Renaissance Technologies LLC reduced its stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 51.0% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 66,000 shares of the company’s stock after selling 68,618 shares during the period. Renaissance Technologies LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $1,729,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the stock. Cornerstone Financial Management LLC acquired a new position in PIMCO Multi Sector Bond Active ETF in the 4th quarter valued at $28,000. GHP Investment Advisors Inc. acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF during the 1st quarter worth $32,000. O Shaughnessy Asset Management LLC acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF during the 4th quarter worth $34,000. PNC Financial Services Group Inc. grew its holdings in shares of PIMCO Multi Sector Bond Active ETF by 757.1% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,500 shares of the company’s stock worth $39,000 after purchasing an additional 1,325 shares in the last quarter. Finally, Legacy Wealth Managment LLC ID bought a new position in shares of PIMCO Multi Sector Bond Active ETF in the fourth quarter worth $42,000.

PIMCO Multi Sector Bond Active ETF Stock Up 0.0%

PYLD stock opened at $26.14 on Wednesday. The business has a 50-day simple moving average of $26.31 and a 200 day simple moving average of $26.44. PIMCO Multi Sector Bond Active ETF has a 52 week low of $25.92 and a 52 week high of $27.04.

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.