PIMCO Multi Sector Bond Active ETF $PYLD Shares Acquired by Kensington Asset Management LLC

Kensington Asset Management LLC grew its position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 2.3% during the 4th quarter, HoldingsChannel.com reports. The firm owned 1,475,964 shares of the company’s stock after acquiring an additional 32,609 shares during the quarter. PIMCO Multi Sector Bond Active ETF makes up approximately 2.0% of Kensington Asset Management LLC’s investment portfolio, making the stock its 16th biggest position. Kensington Asset Management LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $39,644,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Cornerstone Financial Management LLC acquired a new position in shares of PIMCO Multi Sector Bond Active ETF in the 4th quarter valued at about $28,000. Networth Advisors LLC acquired a new position in shares of PIMCO Multi Sector Bond Active ETF in the 4th quarter valued at about $34,000. O Shaughnessy Asset Management LLC acquired a new position in shares of PIMCO Multi Sector Bond Active ETF in the 4th quarter valued at about $34,000. Legacy Wealth Managment LLC ID acquired a new position in shares of PIMCO Multi Sector Bond Active ETF in the 4th quarter valued at about $42,000. Finally, JFS Wealth Advisors LLC acquired a new position in shares of PIMCO Multi Sector Bond Active ETF in the 4th quarter valued at about $51,000.

PIMCO Multi Sector Bond Active ETF Stock Up 0.2%

NYSEARCA PYLD opened at $26.42 on Friday. PIMCO Multi Sector Bond Active ETF has a 1-year low of $25.92 and a 1-year high of $27.04. The business’s 50-day simple moving average is $26.39 and its 200-day simple moving average is $26.59.

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.