Hutchens & Kramer Investment Management Group LLC grew its position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) by 55.8% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 126,392 shares of the company’s stock after acquiring an additional 45,266 shares during the period. PIMCO Multi Sector Bond Active ETF accounts for 1.9% of Hutchens & Kramer Investment Management Group LLC’s portfolio, making the stock its 10th largest holding. Hutchens & Kramer Investment Management Group LLC owned about 0.42% of PIMCO Multi Sector Bond Active ETF worth $3,356,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also modified their holdings of the business. Cape Investment Advisory Inc. acquired a new stake in PIMCO Multi Sector Bond Active ETF in the 1st quarter valued at about $25,000. Mather Group LLC. bought a new position in PIMCO Multi Sector Bond Active ETF in the 2nd quarter worth approximately $28,000. First Horizon Advisors Inc. acquired a new position in PIMCO Multi Sector Bond Active ETF during the 2nd quarter worth $28,000. Mark Sheptoff Financial Planning LLC acquired a new position in PIMCO Multi Sector Bond Active ETF during the 1st quarter worth $53,000. Finally, Future Financial Wealth Managment LLC bought a new position in PIMCO Multi Sector Bond Active ETF in the 1st quarter valued at $108,000.
PIMCO Multi Sector Bond Active ETF Stock Up 0.2 %
Shares of NYSEARCA PYLD traded up $0.04 during midday trading on Tuesday, hitting $26.35. The stock had a trading volume of 579,905 shares, compared to its average volume of 466,653. PIMCO Multi Sector Bond Active ETF has a fifty-two week low of $23.76 and a fifty-two week high of $26.70. The company’s 50-day simple moving average is $26.40 and its 200 day simple moving average is $25.89.
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.
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