Continuum Advisory LLC grew its position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) by 4.9% in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,230,054 shares of the company’s stock after buying an additional 57,242 shares during the quarter. PIMCO Multi Sector Bond Active ETF accounts for 2.6% of Continuum Advisory LLC’s investment portfolio, making the stock its 6th largest holding. Continuum Advisory LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $32,621,000 at the end of the most recent reporting period.
Several other hedge funds also recently made changes to their positions in the company. Cornerstone Financial Management LLC purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF in the fourth quarter valued at about $28,000. GHP Investment Advisors Inc. purchased a new position in PIMCO Multi Sector Bond Active ETF during the first quarter worth about $32,000. O Shaughnessy Asset Management LLC acquired a new position in PIMCO Multi Sector Bond Active ETF during the 4th quarter worth approximately $34,000. Cedar Mountain Advisors LLC acquired a new position in PIMCO Multi Sector Bond Active ETF during the 2nd quarter worth approximately $38,000. Finally, PNC Financial Services Group Inc. raised its stake 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 buying an additional 1,325 shares in the last quarter.
PIMCO Multi Sector Bond Active ETF Price Performance
PYLD opened at $25.97 on Thursday. The business has a 50 day simple moving average of $26.24 and a 200-day simple moving average of $26.37. PIMCO Multi Sector Bond Active ETF has a 12 month low of $25.92 and a 12 month 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.
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