Envestnet has named PIMCO its 2026 Manager of the Year at the Asset Manager of the Year Awards ceremony in Berwyn, Pennsylvania. The distinction was announced during the Envestnet Engage: Manager Forum and spotlights PIMCO’s ongoing role in shaping the investment landscape.

Envestnet Portfolio Solutions Inc. significantly cut its investment in The Clorox Company during the second quarter. Newly released documents reveal the firm sold over 22,000 shares, leaving it with 6,475 shares now valued at $778,000.

Envestnet Portfolio Solutions Inc. has reduced its stake in The Kroger Co. by 68.7% in the second quarter. The firm sold 51,077 shares during this period, leaving it with 23,297 shares of the retailer’s stock, according to a filing with the Securities and Exchange Commission.