Gemmer Asset Management LLC Increases Stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD)

Gemmer Asset Management LLC lifted its holdings in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 14.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 698,231 shares of the company’s stock after purchasing an additional 87,617 shares during the quarter. PIMCO Multi Sector Bond Active ETF accounts for about 1.8% of Gemmer Asset Management LLC’s investment portfolio, making the stock its 15th biggest holding. Gemmer Asset Management LLC owned 2.33% of PIMCO Multi Sector Bond Active ETF worth $18,098,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Peterson Financial Group Inc. purchased a new position in PIMCO Multi Sector Bond Active ETF in the third quarter worth about $42,000. Mather Group LLC. increased its stake in PIMCO Multi Sector Bond Active ETF by 60.1% in the 3rd quarter. Mather Group LLC. now owns 1,758 shares of the company’s stock worth $47,000 after buying an additional 660 shares in the last quarter. Eastern Bank purchased a new stake in PIMCO Multi Sector Bond Active ETF in the 4th quarter worth $65,000. Future Financial Wealth Managment LLC bought a new stake in PIMCO Multi Sector Bond Active ETF during the third quarter valued at about $167,000. Finally, Kozak & Associates Inc. purchased a new position in shares of PIMCO Multi Sector Bond Active ETF in the fourth quarter valued at about $190,000.

PIMCO Multi Sector Bond Active ETF Stock Performance

NYSEARCA:PYLD opened at $26.01 on Monday. PIMCO Multi Sector Bond Active ETF has a 12-month low of $25.11 and a 12-month high of $26.70. The stock has a 50-day moving average price of $26.05 and a 200 day moving average price of $26.16.

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.