Cary Street Partners Investment Advisory LLC lifted its position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) by 1,411.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 85,619 shares of the company’s stock after buying an additional 79,953 shares during the quarter. Cary Street Partners Investment Advisory LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $2,284,000 at the end of the most recent quarter.
A number of other hedge funds have also recently made changes to their positions in PYLD. Goldman Sachs Group Inc. purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF during the 1st quarter worth $297,000. Jane Street Group LLC acquired a new position in shares of PIMCO Multi Sector Bond Active ETF during the first quarter valued at about $3,541,000. Cetera Investment Advisers acquired a new position in shares of PIMCO Multi Sector Bond Active ETF during the second quarter valued at about $261,000. JPMorgan Chase & Co. increased its holdings in shares of PIMCO Multi Sector Bond Active ETF by 66.2% during the second quarter. JPMorgan Chase & Co. now owns 56,265 shares of the company’s stock valued at $1,493,000 after acquiring an additional 22,411 shares in the last quarter. Finally, Raymond James Financial Inc. increased its holdings in shares of PIMCO Multi Sector Bond Active ETF by 73.7% during the second quarter. Raymond James Financial Inc. now owns 2,749,163 shares of the company’s stock valued at $72,963,000 after acquiring an additional 1,166,083 shares in the last quarter.
PIMCO Multi Sector Bond Active ETF Stock Performance
PYLD opened at $26.33 on Tuesday. PIMCO Multi Sector Bond Active ETF has a 52-week low of $25.92 and a 52-week high of $27.04. The firm’s 50-day moving average price is $26.34 and its 200-day moving average price is $26.62.
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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