Berger Financial Group Inc increased its stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) by 8.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,152,892 shares of the company’s stock after purchasing an additional 90,309 shares during the quarter. PIMCO Multi Sector Bond Active ETF makes up approximately 1.7% of Berger Financial Group Inc’s portfolio, making the stock its 11th largest position. Berger Financial Group Inc’s holdings in PIMCO Multi Sector Bond Active ETF were worth $30,206,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in PYLD. Goldman Sachs Group Inc. acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF during the 1st quarter valued at $297,000. Jane Street Group LLC purchased a new position in PIMCO Multi Sector Bond Active ETF in the first quarter valued at about $3,541,000. Cetera Investment Advisers purchased a new position in PIMCO Multi Sector Bond Active ETF in the second quarter valued at about $261,000. JPMorgan Chase & Co. increased its position in PIMCO Multi Sector Bond Active ETF by 66.2% in the 2nd quarter. JPMorgan Chase & Co. now owns 56,265 shares of the company’s stock worth $1,493,000 after purchasing an additional 22,411 shares during the last quarter. Finally, Raymond James Financial Inc. increased its position in PIMCO Multi Sector Bond Active ETF by 73.7% in the 2nd quarter. Raymond James Financial Inc. now owns 2,749,163 shares of the company’s stock worth $72,963,000 after purchasing an additional 1,166,083 shares during the last quarter.
PIMCO Multi Sector Bond Active ETF Price Performance
PYLD opened at $26.39 on Friday. PIMCO Multi Sector Bond Active ETF has a fifty-two week low of $25.92 and a fifty-two week high of $27.04. The business has a 50-day moving average of $26.39 and a 200-day moving average of $26.55.
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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