D.B. Root & Company LLC raised its stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) by 3.7% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,369,393 shares of the company’s stock after acquiring an additional 49,074 shares during the period. PIMCO Multi Sector Bond Active ETF makes up 7.4% of D.B. Root & Company LLC’s portfolio, making the stock its 3rd largest holding. D.B. Root & Company LLC owned approximately 0.21% of PIMCO Multi Sector Bond Active ETF worth $34,769,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds also recently bought and sold shares of PYLD. Mather Group LLC. purchased a new stake in PIMCO Multi Sector Bond Active ETF in the 3rd quarter worth $30,000. Manchester Capital Management LLC bought a new stake in shares of PIMCO Multi Sector Bond Active ETF in the third quarter worth about $34,000. Kelleher Financial Advisors purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF in the third quarter worth about $35,000. Cedar Mountain Advisors LLC bought a new position in PIMCO Multi Sector Bond Active ETF during the second quarter valued at approximately $38,000. Finally, PNC Financial Services Group Inc. boosted its stake 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 valued at $39,000 after buying an additional 1,325 shares during the last quarter.
PIMCO Multi Sector Bond Active ETF Stock Performance
NYSEARCA PYLD opened at $25.54 on Wednesday. The business has a 50 day simple moving average of $25.59 and a two-hundred day simple moving average of $26.21. PIMCO Multi Sector Bond Active ETF has a 1-year low of $25.15 and a 1-year high of $26.95.
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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