Hutchens & Kramer Investment Management Group LLC grew its position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) by 13.3% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 875,246 shares of the company’s stock after purchasing an additional 102,574 shares during the quarter. PIMCO Multi Sector Bond Active ETF accounts for approximately 6.3% of Hutchens & Kramer Investment Management Group LLC’s investment portfolio, making the stock its 3rd biggest holding. Hutchens & Kramer Investment Management Group LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $23,212,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Bank of America Corp DE lifted its position in PIMCO Multi Sector Bond Active ETF by 26.9% in the 1st quarter. Bank of America Corp DE now owns 23,087,966 shares of the company’s stock valued at $604,905,000 after acquiring an additional 4,896,498 shares in the last quarter. Morgan Stanley raised its stake in shares of PIMCO Multi Sector Bond Active ETF by 33.6% in the fourth quarter. Morgan Stanley now owns 17,115,719 shares of the company’s stock worth $456,647,000 after purchasing an additional 4,308,632 shares during the last quarter. LPL Financial LLC raised its stake in shares of PIMCO Multi Sector Bond Active ETF by 34.3% in the fourth quarter. LPL Financial LLC now owns 14,584,034 shares of the company’s stock worth $389,102,000 after purchasing an additional 3,727,898 shares during the last quarter. Sequoia Financial Advisors LLC raised its stake in shares of PIMCO Multi Sector Bond Active ETF by 16.2% in the first quarter. Sequoia Financial Advisors LLC now owns 10,994,877 shares of the company’s stock worth $288,066,000 after purchasing an additional 1,535,071 shares during the last quarter. Finally, HighTower Advisors LLC lifted its holdings in shares of PIMCO Multi Sector Bond Active ETF by 8.8% during the fourth quarter. HighTower Advisors LLC now owns 9,267,689 shares of the company’s stock valued at $247,262,000 after purchasing an additional 751,426 shares in the last quarter.
PIMCO Multi Sector Bond Active ETF Price Performance
PIMCO Multi Sector Bond Active ETF stock opened at $26.03 on Friday. PIMCO Multi Sector Bond Active ETF has a one year low of $25.92 and a one year high of $27.04. The business’s fifty day moving average is $26.22 and its 200 day moving average is $26.36.
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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