Intelligence Driven Advisers LLC increased its stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) by 30.6% in the first quarter, Holdings Channel.com reports. The firm owned 139,945 shares of the company’s stock after buying an additional 32,756 shares during the quarter. PIMCO Multi Sector Bond Active ETF comprises approximately 0.6% of Intelligence Driven Advisers LLC’s investment portfolio, making the stock its 20th biggest position. Intelligence Driven Advisers LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $3,667,000 as of its most recent SEC filing.
Other hedge funds have also recently added to or reduced their stakes in the company. Cornerstone Financial Management LLC acquired a new position in shares of PIMCO Multi Sector Bond Active ETF during the fourth quarter worth $28,000. GHP Investment Advisors Inc. acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF during the 1st quarter valued at $32,000. Networth Advisors LLC bought a new stake in PIMCO Multi Sector Bond Active ETF during the 4th quarter worth $34,000. O Shaughnessy Asset Management LLC bought a new stake in PIMCO Multi Sector Bond Active ETF during 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% in 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 Stock Performance
PIMCO Multi Sector Bond Active ETF stock opened at $26.11 on Monday. PIMCO Multi Sector Bond Active ETF has a 12 month low of $25.92 and a 12 month high of $27.04. The stock has a 50-day moving average price of $26.35 and a two-hundred day moving average price of $26.50.
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.
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