Kensington Asset Management LLC Boosts Holdings in PIMCO Multi Sector Bond Active ETF $PYLD

Kensington Asset Management LLC raised its holdings in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 2.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,475,964 shares of the company’s stock after buying an additional 32,609 shares during the quarter. PIMCO Multi Sector Bond Active ETF makes up approximately 2.0% of Kensington Asset Management LLC’s holdings, making the stock its 16th largest holding. Kensington Asset Management LLC owned 0.34% of PIMCO Multi Sector Bond Active ETF worth $39,644,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in PYLD. Goldman Sachs Group Inc. purchased a new stake in PIMCO Multi Sector Bond Active ETF in the 1st quarter valued at about $297,000. Jane Street Group LLC purchased a new stake in PIMCO Multi Sector Bond Active ETF in the 1st quarter valued at about $3,541,000. Cetera Investment Advisers purchased a new stake in PIMCO Multi Sector Bond Active ETF in the 2nd quarter valued at about $261,000. JPMorgan Chase & Co. grew its holdings 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 valued at $1,493,000 after buying an additional 22,411 shares during the period. Finally, Raymond James Financial Inc. grew its holdings 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 valued at $72,963,000 after buying an additional 1,166,083 shares during the period.

PIMCO Multi Sector Bond Active ETF Stock Performance

PYLD opened at $26.42 on Friday. The business has a 50-day moving average of $26.39 and a two-hundred day moving average of $26.59. PIMCO Multi Sector Bond Active ETF has a 12 month low of $25.92 and a 12 month high of $27.04.

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.