Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) during the third quarter, HoldingsChannel reports. The institutional investor bought 1,171,000 shares of the company’s stock, valued at approximately $29,732,000.
Other hedge funds also recently modified their holdings of the company. Schuylkill Financial LLC bought a new stake in shares of PIMCO Multi Sector Bond Active ETF during the 2nd quarter valued at $3,211,000. MW Advisory LLC bought a new position in shares of PIMCO Multi Sector Bond Active ETF in the 2nd quarter worth $1,688,000. Members Advisory Group LLC boosted its position 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 during the last quarter. Hutchens & Kramer Investment Management Group LLC boosted its position in shares of PIMCO Multi Sector Bond Active ETF by 13.3% in the 2nd quarter. Hutchens & Kramer Investment Management Group LLC now owns 875,246 shares of the company’s stock worth $23,212,000 after purchasing an additional 102,574 shares during the last quarter. Finally, Sequoia Financial Advisors LLC grew its stake in shares of PIMCO Multi Sector Bond Active ETF by 12.8% during the second quarter. Sequoia Financial Advisors LLC now owns 12,401,335 shares of the company’s stock worth $328,883,000 after purchasing an additional 1,406,458 shares during the period.
PIMCO Multi Sector Bond Active ETF Stock Down 0.5%
Shares of PIMCO Multi Sector Bond Active ETF stock opened at $25.51 on Tuesday. The business has a fifty day simple moving average of $25.67 and a 200 day simple moving average of $26.25. PIMCO Multi Sector Bond Active ETF has a 12 month low of $25.15 and a 12 month 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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Want to see what other hedge funds are holding PYLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report).
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