PIMCO Multi Sector Bond Active ETF $PYLD is Dahring Cusmano LLC’s Largest Position

Dahring Cusmano LLC boosted its stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 5.4% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 718,752 shares of the company’s stock after acquiring an additional 36,997 shares during the quarter. PIMCO Multi Sector Bond Active ETF comprises about 11.6% of Dahring Cusmano LLC’s investment portfolio, making the stock its biggest position. Dahring Cusmano LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $18,831,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Goldman Sachs Group Inc. bought a new stake in shares of PIMCO Multi Sector Bond Active ETF in the 1st quarter valued at approximately $297,000. Jane Street Group LLC bought a new position in shares of PIMCO Multi Sector Bond Active ETF during the 1st quarter valued at approximately $3,541,000. Cetera Investment Advisers bought a new position in shares of PIMCO Multi Sector Bond Active ETF during the 2nd quarter valued at approximately $261,000. JPMorgan Chase & Co. increased its position in shares of PIMCO Multi Sector Bond Active ETF by 66.2% during the 2nd quarter. JPMorgan Chase & Co. now owns 56,265 shares of the company’s stock valued at $1,493,000 after purchasing an additional 22,411 shares during the last quarter. Finally, Raymond James Financial Inc. raised its holdings in PIMCO Multi Sector Bond Active ETF by 73.7% during the 2nd quarter. Raymond James Financial Inc. now owns 2,749,163 shares of the company’s stock valued at $72,963,000 after buying an additional 1,166,083 shares during the period.

PIMCO Multi Sector Bond Active ETF Stock Performance

Shares of PYLD opened at $26.32 on Friday. The business has a fifty day moving average of $26.37 and a 200 day moving average 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.