Hopwood Nicholas Hunter Makes New $12.23 Million Investment in PIMCO Multi Sector Bond Active ETF $PYLD

Hopwood Nicholas Hunter bought a new stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 461,330 shares of the company’s stock, valued at approximately $12,234,000. PIMCO Multi Sector Bond Active ETF makes up 3.4% of Hopwood Nicholas Hunter’s investment portfolio, making the stock its 7th biggest position. Hopwood Nicholas Hunter owned approximately 0.08% of PIMCO Multi Sector Bond Active ETF as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of the stock. Cornerstone Financial Management LLC bought a new position in PIMCO Multi Sector Bond Active ETF during the 4th quarter worth approximately $28,000. GHP Investment Advisors Inc. acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF during the 1st quarter valued at approximately $32,000. O Shaughnessy Asset Management LLC bought a new stake in PIMCO Multi Sector Bond Active ETF during the fourth quarter valued at $34,000. Cedar Mountain Advisors LLC acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF during the second quarter worth $38,000. Finally, PNC Financial Services Group Inc. lifted its holdings in PIMCO Multi Sector Bond Active ETF by 757.1% in the first quarter. PNC Financial Services Group Inc. now owns 1,500 shares of the company’s stock worth $39,000 after acquiring an additional 1,325 shares during the last quarter.

PIMCO Multi Sector Bond Active ETF Stock Performance

Shares of PYLD opened at $26.03 on Friday. PIMCO Multi Sector Bond Active ETF has a 12 month low of $25.92 and a 12 month high of $27.04. The stock has a fifty day moving average price of $26.22 and a 200 day moving average price of $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.