Concurrent Investment Advisors LLC increased its holdings in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) by 350.1% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 737,516 shares of the company’s stock after buying an additional 573,644 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $19,559,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds have also recently added to or reduced their stakes in the business. Cornerstone Financial Management LLC purchased a new stake in PIMCO Multi Sector Bond Active ETF in the 4th quarter valued at about $28,000. GHP Investment Advisors Inc. purchased a new position in shares of PIMCO Multi Sector Bond Active ETF during the 1st quarter worth about $32,000. O Shaughnessy Asset Management LLC purchased a new position in shares of PIMCO Multi Sector Bond Active ETF during the 4th quarter worth about $34,000. Cedar Mountain Advisors LLC acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF in the second quarter worth approximately $38,000. Finally, PNC Financial Services Group Inc. boosted its position in shares of PIMCO Multi Sector Bond Active ETF by 757.1% in the first quarter. PNC Financial Services Group Inc. now owns 1,500 shares of the company’s stock worth $39,000 after acquiring an additional 1,325 shares during the last quarter.
PIMCO Multi Sector Bond Active ETF Stock Performance
PIMCO Multi Sector Bond Active ETF stock opened at $26.03 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 firm has a 50 day moving average price of $26.23 and a 200 day moving average price of $26.37.
About PIMCO Multi Sector Bond Active ETF
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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