Quartz Partners LLC raised its position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) by 89.2% during the first quarter, Holdings Channel reports. The fund owned 53,717 shares of the company’s stock after acquiring an additional 25,322 shares during the period. Quartz Partners LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $1,407,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds have also bought and sold shares of PYLD. Cornerstone Financial Management LLC purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF during the 4th quarter valued at about $28,000. GHP Investment Advisors Inc. bought a new position in shares of PIMCO Multi Sector Bond Active ETF in the 1st quarter worth approximately $32,000. O Shaughnessy Asset Management LLC purchased a new position in shares of PIMCO Multi Sector Bond Active ETF in the fourth quarter worth approximately $34,000. Networth Advisors LLC bought a new position in PIMCO Multi Sector Bond Active ETF in the fourth quarter worth approximately $34,000. Finally, Legacy Wealth Managment LLC ID purchased a new position in shares of PIMCO Multi Sector Bond Active ETF during the 4th quarter worth $42,000.
PIMCO Multi Sector Bond Active ETF Price Performance
NYSEARCA:PYLD opened at $26.32 on Friday. The stock has a 50-day simple moving average of $26.37 and a two-hundred day simple moving average of $26.52. PIMCO Multi Sector Bond Active ETF has a 52-week low of $25.92 and a 52-week high of $27.04.
About PIMCO Multi Sector Bond Active ETF
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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Want to see what other hedge funds are holding PYLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report).
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