True North Advisors LLC bought a new stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) during the 1st quarter, Holdings Channel reports. The fund bought 769,719 shares of the company’s stock, valued at approximately $20,167,000. PIMCO Multi Sector Bond Active ETF makes up 2.3% of True North Advisors LLC’s holdings, making the stock its 10th largest position.
Other institutional investors also recently modified their holdings of the company. Cornerstone Financial Management LLC bought a new stake in shares of PIMCO Multi Sector Bond Active ETF in the 4th quarter valued at about $28,000. GHP Investment Advisors Inc. bought a new position in PIMCO Multi Sector Bond Active ETF during the 1st quarter worth approximately $32,000. Networth Advisors LLC acquired a new position in PIMCO Multi Sector Bond Active ETF during the fourth quarter valued at approximately $34,000. O Shaughnessy Asset Management LLC acquired a new position in PIMCO Multi Sector Bond Active ETF during the fourth quarter valued at approximately $34,000. Finally, Legacy Wealth Managment LLC ID bought a new stake in PIMCO Multi Sector Bond Active ETF in the fourth quarter valued at approximately $42,000.
PIMCO Multi Sector Bond Active ETF Stock Down 0.2%
Shares of NYSEARCA:PYLD opened at $26.28 on Friday. The company has a 50 day moving average price of $26.36 and a two-hundred day moving average price of $26.52. 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 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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