Cardinal Point Capital Management ULC grew its holdings in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) by 10.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,183,801 shares of the company’s stock after purchasing an additional 108,992 shares during the quarter. PIMCO Multi Sector Bond Active ETF comprises approximately 1.9% of Cardinal Point Capital Management ULC’s portfolio, making the stock its 12th largest holding. Cardinal Point Capital Management ULC owned approximately 0.25% of PIMCO Multi Sector Bond Active ETF worth $31,016,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also made changes to their positions in the company. Cornerstone Financial Management LLC acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF in the fourth quarter valued at approximately $28,000. Networth Advisors LLC purchased a new position in PIMCO Multi Sector Bond Active ETF during the fourth quarter worth approximately $34,000. O Shaughnessy Asset Management LLC acquired a new position in PIMCO Multi Sector Bond Active ETF during the fourth quarter worth $34,000. Legacy Wealth Managment LLC ID acquired a new position in PIMCO Multi Sector Bond Active ETF during the fourth quarter worth $42,000. Finally, JFS Wealth Advisors LLC purchased a new stake in PIMCO Multi Sector Bond Active ETF in the 4th quarter valued at $51,000.
PIMCO Multi Sector Bond Active ETF Stock Up 0.2%
Shares of PYLD opened at $26.49 on Thursday. PIMCO Multi Sector Bond Active ETF has a 52-week low of $25.92 and a 52-week high of $27.04. The stock has a fifty day simple moving average of $26.41 and a two-hundred day simple moving average of $26.56.
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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