Mirae Asset Global Investments Co. Ltd. acquired a new stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 1,171,000 shares of the company’s stock, valued at approximately $29,732,000. Mirae Asset Global Investments Co. Ltd. owned approximately 0.18% of PIMCO Multi Sector Bond Active ETF at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Mather Group LLC. acquired a new position in shares of PIMCO Multi Sector Bond Active ETF during the third quarter worth approximately $30,000. Manchester Capital Management LLC acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF in the third quarter valued at approximately $34,000. Cedar Mountain Advisors LLC acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF in the second quarter valued at approximately $38,000. PNC Financial Services Group Inc. raised its position in PIMCO Multi Sector Bond Active ETF by 757.1% in the 1st quarter. PNC Financial Services Group Inc. now owns 1,500 shares of the company’s stock worth $39,000 after purchasing an additional 1,325 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new position in PIMCO Multi Sector Bond Active ETF in the 3rd quarter worth approximately $45,000.
PIMCO Multi Sector Bond Active ETF Stock Performance
PYLD stock opened at $25.51 on Tuesday. The company has a 50 day moving average price of $25.67 and a 200 day moving average price of $26.25. PIMCO Multi Sector Bond Active ETF has a fifty-two week low of $25.15 and a fifty-two week high of $26.95.
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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