Gallacher Capital Management LLC cut its position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) by 14.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 63,533 shares of the company’s stock after selling 10,658 shares during the quarter. PIMCO Multi Sector Bond Active ETF accounts for about 0.9% of Gallacher Capital Management LLC’s holdings, making the stock its 22nd biggest holding. Gallacher Capital Management LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $1,629,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently made changes to their positions in the company. Sequoia Financial Advisors LLC bought a new position in PIMCO Multi Sector Bond Active ETF in the 2nd quarter valued at approximately $58,356,000. Retirement Planning Group LLC acquired a new position in PIMCO Multi Sector Bond Active ETF in the 2nd quarter valued at approximately $47,893,000. Pictet North America Advisors SA bought a new position in shares of PIMCO Multi Sector Bond Active ETF during the first quarter valued at $18,920,000. Kelman Lazarov Inc. lifted its holdings in shares of PIMCO Multi Sector Bond Active ETF by 1,513.8% during the first quarter. Kelman Lazarov Inc. now owns 655,013 shares of the company’s stock worth $16,873,000 after purchasing an additional 614,426 shares during the period. Finally, Orion Portfolio Solutions LLC bought a new stake in shares of PIMCO Multi Sector Bond Active ETF in the first quarter worth $13,555,000.
PIMCO Multi Sector Bond Active ETF Stock Performance
NYSEARCA PYLD opened at $26.41 on Friday. PIMCO Multi Sector Bond Active ETF has a twelve month low of $23.76 and a twelve month high of $26.47. The stock has a fifty day simple moving average of $26.06 and a 200 day simple moving average of $25.71.
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.
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