Gemmer Asset Management LLC grew its holdings in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) by 3.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 989,802 shares of the company’s stock after purchasing an additional 32,144 shares during the period. PIMCO Multi Sector Bond Active ETF comprises about 1.7% of Gemmer Asset Management LLC’s investment portfolio, making the stock its 15th biggest holding. Gemmer Asset Management LLC owned 0.16% of PIMCO Multi Sector Bond Active ETF worth $25,131,000 at the end of the most recent quarter.
Several other hedge funds have also recently modified their holdings of PYLD. RFG Advisory LLC grew its position in shares of PIMCO Multi Sector Bond Active ETF by 89.1% during the 1st quarter. RFG Advisory LLC now owns 620,585 shares of the company’s stock valued at $16,259,000 after acquiring an additional 292,370 shares during the period. Members Advisory Group LLC increased its stake in shares of PIMCO Multi Sector Bond Active ETF by 16.3% in the 2nd quarter. Members Advisory Group LLC now owns 909,360 shares of the company’s stock worth $24,116,000 after purchasing an additional 127,147 shares in the last quarter. WESPAC Advisors SoCal LLC increased its stake in shares of PIMCO Multi Sector Bond Active ETF by 15.2% in the 1st quarter. WESPAC Advisors SoCal LLC now owns 385,406 shares of the company’s stock worth $10,098,000 after purchasing an additional 50,957 shares in the last quarter. PMG Wealth Management Inc. bought a new position in PIMCO Multi Sector Bond Active ETF in the 1st quarter worth $5,369,000. Finally, Puff Wealth Management LLC bought a new position in PIMCO Multi Sector Bond Active ETF in the 2nd quarter worth $2,873,000.
PIMCO Multi Sector Bond Active ETF Trading Down 0.2%
NYSEARCA PYLD opened at $25.45 on Friday. The business’s fifty day moving average is $25.81 and its 200 day moving average is $26.16. PIMCO Multi Sector Bond Active ETF has a fifty-two week low of $25.15 and a fifty-two 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.
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