Ocean Park Asset Management LLC Takes Position in PIMCO Multi Sector Bond Active ETF $PYLD

Ocean Park Asset Management LLC bought a new position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 3,280,700 shares of the company’s stock, valued at approximately $87,004,000. PIMCO Multi Sector Bond Active ETF makes up approximately 4.2% of Ocean Park Asset Management LLC’s investment portfolio, making the stock its 8th largest holding. Ocean Park Asset Management LLC owned 0.59% of PIMCO Multi Sector Bond Active ETF at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in PYLD. Cornerstone Financial Management LLC bought a new stake in shares of PIMCO Multi Sector Bond Active ETF in the 4th quarter worth $28,000. GHP Investment Advisors Inc. bought a new position in PIMCO Multi Sector Bond Active ETF during the first quarter valued at about $32,000. O Shaughnessy Asset Management LLC bought a new position in PIMCO Multi Sector Bond Active ETF during the fourth quarter valued at about $34,000. Cedar Mountain Advisors LLC acquired a new position in PIMCO Multi Sector Bond Active ETF during the second quarter worth about $38,000. Finally, PNC Financial Services Group Inc. grew its holdings in PIMCO Multi Sector Bond Active ETF by 757.1% during the first quarter. PNC Financial Services Group Inc. now owns 1,500 shares of the company’s stock worth $39,000 after acquiring an additional 1,325 shares during the period.

PIMCO Multi Sector Bond Active ETF Trading Up 0.0%

Shares of PIMCO Multi Sector Bond Active ETF stock opened at $26.14 on Wednesday. The company’s 50-day moving average price is $26.31 and its two-hundred day moving average price is $26.44. PIMCO Multi Sector Bond Active ETF has a 52 week low of $25.92 and a 52 week 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.