Kensington Asset Management LLC boosted its stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) by 14.5% during the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 1,690,431 shares of the company’s stock after buying an additional 214,467 shares during the period. PIMCO Multi Sector Bond Active ETF makes up approximately 2.1% of Kensington Asset Management LLC’s holdings, making the stock its 14th biggest holding. Kensington Asset Management LLC owned 0.34% of PIMCO Multi Sector Bond Active ETF worth $44,289,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Cornerstone Financial Management LLC acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF during the fourth quarter worth $28,000. GHP Investment Advisors Inc. acquired a new position in PIMCO Multi Sector Bond Active ETF in the 1st quarter worth $32,000. Networth Advisors LLC acquired a new position in PIMCO Multi Sector Bond Active ETF in the 4th quarter worth $34,000. O Shaughnessy Asset Management LLC acquired a new position in PIMCO Multi Sector Bond Active ETF in the 4th quarter worth $34,000. Finally, PNC Financial Services Group Inc. increased its holdings in 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.
PIMCO Multi Sector Bond Active ETF Price Performance
PYLD opened at $26.15 on Friday. The business’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 1 year low of $25.92 and a 1 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.
Featured Stories
- Five stocks we like better than PIMCO Multi Sector Bond Active ETF
- Chevron’s Strong Quarter Shows Why It Still Leads the Energy Sector
- Amazon’s Earnings Beat Shows Why AWS Is Back at the Center of the Bull Case
- Apple’s Record Quarter Could Not Outrun Its Guidance Problem
- McKesson’s Compounding Keeps Adding Up
Want to see what other hedge funds are holding PYLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report).
Receive News & Ratings for PIMCO Multi Sector Bond Active ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PIMCO Multi Sector Bond Active ETF and related companies with MarketBeat.com's FREE daily email newsletter.
