Waterway Wealth Management LLC Has $6.89 Million Holdings in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD)

Waterway Wealth Management LLC grew its position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 11.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 265,916 shares of the company’s stock after purchasing an additional 26,496 shares during the quarter. PIMCO Multi Sector Bond Active ETF comprises approximately 3.0% of Waterway Wealth Management LLC’s investment portfolio, making the stock its 9th biggest position. Waterway Wealth Management LLC owned about 0.89% of PIMCO Multi Sector Bond Active ETF worth $6,893,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Sanctuary Advisors LLC acquired a new stake in PIMCO Multi Sector Bond Active ETF during the third quarter worth about $211,000. Stifel Financial Corp acquired a new position in shares of PIMCO Multi Sector Bond Active ETF in the 3rd quarter worth approximately $1,951,000. Janney Montgomery Scott LLC boosted its position in shares of PIMCO Multi Sector Bond Active ETF by 220.5% during the 4th quarter. Janney Montgomery Scott LLC now owns 69,732 shares of the company’s stock valued at $1,807,000 after purchasing an additional 47,977 shares in the last quarter. Schmidt P J Investment Management Inc. grew its holdings in PIMCO Multi Sector Bond Active ETF by 10.6% in the fourth quarter. Schmidt P J Investment Management Inc. now owns 25,178 shares of the company’s stock worth $653,000 after purchasing an additional 2,405 shares during the period. Finally, New Century Financial Group LLC increased its position in PIMCO Multi Sector Bond Active ETF by 20.8% in the 4th quarter. New Century Financial Group LLC now owns 38,969 shares of the company’s stock valued at $1,010,000 after buying an additional 6,723 shares in the last quarter.

PIMCO Multi Sector Bond Active ETF Stock Down 0.1 %

Shares of NYSEARCA:PYLD opened at $26.41 on Friday. The stock’s 50 day moving average is $26.06 and its 200-day moving average is $26.21. PIMCO Multi Sector Bond Active ETF has a twelve month low of $25.11 and a twelve month high of $26.70.

PIMCO Multi Sector Bond Active ETF 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.