Flynn Zito Capital Management LLC lifted its stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) by 57.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 509,756 shares of the company’s stock after purchasing an additional 185,562 shares during the quarter. PIMCO Multi Sector Bond Active ETF comprises 4.3% of Flynn Zito Capital Management LLC’s portfolio, making the stock its 6th largest position. Flynn Zito Capital Management LLC owned approximately 0.10% of PIMCO Multi Sector Bond Active ETF worth $13,356,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds have also made changes to their positions in the company. Cornerstone Financial Management LLC bought a new position in PIMCO Multi Sector Bond Active ETF during the 4th quarter worth $28,000. GHP Investment Advisors Inc. bought a new stake in PIMCO Multi Sector Bond Active ETF in the first quarter valued at $32,000. O Shaughnessy Asset Management LLC bought a new stake in PIMCO Multi Sector Bond Active ETF in the fourth quarter valued at $34,000. Networth Advisors LLC acquired a new position in shares of PIMCO Multi Sector Bond Active ETF during the fourth quarter valued at $34,000. Finally, Legacy Wealth Managment LLC ID acquired a new position in shares of PIMCO Multi Sector Bond Active ETF during the fourth quarter valued at $42,000.
PIMCO Multi Sector Bond Active ETF Stock Performance
PIMCO Multi Sector Bond Active ETF stock opened at $26.28 on Wednesday. PIMCO Multi Sector Bond Active ETF has a one year low of $25.92 and a one year high of $27.04. The company has a 50-day simple moving average of $26.37 and a 200-day simple moving average of $26.53.
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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