Hopwood Nicholas Hunter bought a new position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) during the second quarter, HoldingsChannel reports. The institutional investor bought 461,330 shares of the company’s stock, valued at approximately $12,234,000. PIMCO Multi Sector Bond Active ETF comprises 3.4% of Hopwood Nicholas Hunter’s portfolio, making the stock its 7th biggest position.
Several other hedge funds and other institutional investors have also recently bought and sold shares of PYLD. Cornerstone Financial Management LLC bought a new position in shares of PIMCO Multi Sector Bond Active ETF during the 4th quarter valued at about $28,000. GHP Investment Advisors Inc. acquired a new stake in PIMCO Multi Sector Bond Active ETF during the first quarter valued at approximately $32,000. O Shaughnessy Asset Management LLC acquired a new stake in PIMCO Multi Sector Bond Active ETF during the fourth quarter valued at approximately $34,000. Cedar Mountain Advisors LLC bought a new stake in PIMCO Multi Sector Bond Active ETF during the second quarter worth approximately $38,000. Finally, PNC Financial Services Group Inc. boosted its holdings in PIMCO Multi Sector Bond Active ETF by 757.1% during the first quarter. PNC Financial Services Group Inc. now owns 1,500 shares of the company’s stock worth $39,000 after buying an additional 1,325 shares in the last quarter.
PIMCO Multi Sector Bond Active ETF Stock Performance
PIMCO Multi Sector Bond Active ETF stock opened at $26.03 on Friday. PIMCO Multi Sector Bond Active ETF has a 1 year low of $25.92 and a 1 year high of $27.04. The firm’s 50 day moving average price is $26.22 and its two-hundred day moving average price is $26.36.
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. PYLD was launched on Jun 21, 2023 and is managed by PIMCO.
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