Dahring Cusmano LLC Purchases New Shares in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD)

Dahring Cusmano LLC acquired a new position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 442,093 shares of the company’s stock, valued at approximately $11,459,000. PIMCO Multi Sector Bond Active ETF comprises about 10.4% of Dahring Cusmano LLC’s portfolio, making the stock its 3rd biggest position. Dahring Cusmano LLC owned approximately 1.48% of PIMCO Multi Sector Bond Active ETF as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in PYLD. Bleakley Financial Group LLC raised its position in shares of PIMCO Multi Sector Bond Active ETF by 0.3% during the fourth quarter. Bleakley Financial Group LLC now owns 160,692 shares of the company’s stock worth $4,165,000 after acquiring an additional 454 shares during the last quarter. WestHill Financial Advisors Inc. boosted its holdings in PIMCO Multi Sector Bond Active ETF by 1.6% in the fourth quarter. WestHill Financial Advisors Inc. now owns 39,137 shares of the company’s stock valued at $1,014,000 after acquiring an additional 631 shares during the last quarter. IHT Wealth Management LLC increased its position in PIMCO Multi Sector Bond Active ETF by 3.2% in the third quarter. IHT Wealth Management LLC now owns 27,336 shares of the company’s stock worth $728,000 after purchasing an additional 837 shares during the period. Freedom Investment Management Inc. raised its holdings in PIMCO Multi Sector Bond Active ETF by 1.7% during the 3rd quarter. Freedom Investment Management Inc. now owns 52,883 shares of the company’s stock worth $1,409,000 after purchasing an additional 889 shares during the last quarter. Finally, Allen Capital Group LLC lifted its position in PIMCO Multi Sector Bond Active ETF by 13.9% during the 3rd quarter. Allen Capital Group LLC now owns 9,414 shares of the company’s stock valued at $251,000 after purchasing an additional 1,146 shares during the period.

PIMCO Multi Sector Bond Active ETF Stock Up 0.2 %

Shares of NYSEARCA PYLD opened at $26.28 on Friday. PIMCO Multi Sector Bond Active ETF has a 1 year low of $25.11 and a 1 year high of $26.70. The firm’s 50-day moving average is $26.04 and its 200-day moving average is $26.20.

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.