Simon Quick Advisors LLC purchased a new position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 24,303 shares of the company’s stock, valued at approximately $637,000.
Several other hedge funds have also made changes to their positions in PYLD. Cornerstone Financial Management LLC acquired a new position in PIMCO Multi Sector Bond Active ETF in the fourth quarter valued at $28,000. GHP Investment Advisors Inc. acquired a new stake in PIMCO Multi Sector Bond Active ETF in the 1st quarter worth about $32,000. Networth Advisors LLC purchased a new stake in PIMCO Multi Sector Bond Active ETF in the 4th quarter valued at about $34,000. O Shaughnessy Asset Management LLC purchased a new stake in PIMCO Multi Sector Bond Active ETF in the 4th quarter valued at about $34,000. Finally, Legacy Wealth Managment LLC ID acquired a new position in shares of PIMCO Multi Sector Bond Active ETF during the 4th quarter valued at about $42,000.
PIMCO Multi Sector Bond Active ETF Trading Down 0.2%
Shares of PYLD stock opened at $26.28 on Friday. The firm’s 50-day simple moving average is $26.36 and its 200-day simple moving average is $26.52. PIMCO Multi Sector Bond Active ETF has a 1-year low of $25.92 and a 1-year high of $27.04.
About PIMCO Multi Sector Bond Active ETF
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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