Waterway Wealth Management LLC increased its holdings in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) by 11.1% during the fourth quarter, HoldingsChannel.com reports. The fund owned 265,916 shares of the company’s stock after buying an additional 26,496 shares during the quarter. PIMCO Multi Sector Bond Active ETF makes up approximately 3.0% of Waterway Wealth Management LLC’s investment portfolio, making the stock its 9th largest position. Waterway Wealth Management LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $6,893,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Peterson Financial Group Inc. purchased a new stake in PIMCO Multi Sector Bond Active ETF in the third quarter worth $42,000. Kestra Investment Management LLC bought a new position in shares of PIMCO Multi Sector Bond Active ETF during the 4th quarter valued at $53,000. Global Trust Asset Management LLC bought a new stake in shares of PIMCO Multi Sector Bond Active ETF in the 4th quarter valued at about $63,000. Eastern Bank bought a new position in shares of PIMCO Multi Sector Bond Active ETF in the fourth quarter worth approximately $65,000. Finally, New Wave Wealth Advisors LLC purchased a new position in shares of PIMCO Multi Sector Bond Active ETF in the fourth quarter valued at about $95,000.
PIMCO Multi Sector Bond Active ETF Stock Down 0.1 %
PYLD opened at $26.41 on Friday. The business has a 50 day simple moving average of $26.06 and a two-hundred day simple moving average of $26.21. PIMCO Multi Sector Bond Active ETF has a one year low of $25.11 and a one year high of $26.70.
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.
Read More
- Five stocks we like better than PIMCO Multi Sector Bond Active ETF
- Insider Selling Explained: Can it Inform Your Investing Choices?
- Salesforce’s Hidden Strengths Could Fuel a Powerful Rebound
- Buy P&G Now, Before It Sets A New All-Time High
- 3 Stocks With Unusual Call Option Volume – What It Signals
- How to Use the MarketBeat Dividend Calculator
- Top 4 Healthcare REITs Turning Care Into Big Investor Payouts
Want to see what other hedge funds are holding PYLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report).
Receive News & Ratings for PIMCO Multi Sector Bond Active ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PIMCO Multi Sector Bond Active ETF and related companies with MarketBeat.com's FREE daily email newsletter.