Allen Capital Group LLC boosted its position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) by 54.0% during the first quarter, Holdings Channel reports. The firm owned 1,089,470 shares of the company’s stock after buying an additional 381,890 shares during the quarter. PIMCO Multi Sector Bond Active ETF comprises approximately 2.6% of Allen Capital Group LLC’s holdings, making the stock its 8th biggest position. Allen Capital Group LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $28,544,000 at the end of the most recent quarter.
Several other large investors also recently bought and sold shares of PYLD. Cornerstone Financial Management LLC acquired a new stake in PIMCO Multi Sector Bond Active ETF in the 4th quarter valued at about $28,000. GHP Investment Advisors Inc. acquired a new position in PIMCO Multi Sector Bond Active ETF during the first quarter worth about $32,000. O Shaughnessy Asset Management LLC acquired a new position in PIMCO Multi Sector Bond Active ETF during the fourth quarter worth about $34,000. Networth Advisors LLC purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF in the fourth quarter valued at about $34,000. Finally, PNC Financial Services Group Inc. lifted its holdings in shares of PIMCO Multi Sector Bond Active ETF by 757.1% in the first quarter. PNC Financial Services Group Inc. now owns 1,500 shares of the company’s stock valued at $39,000 after purchasing an additional 1,325 shares in the last quarter.
PIMCO Multi Sector Bond Active ETF Trading Down 0.2%
PYLD stock opened at $26.15 on Friday. The company’s 50 day simple moving average is $26.34 and its 200-day simple moving average is $26.48. 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 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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