PIMCO Multi Sector Bond Active ETF $PYLD Stock Position Increased by Waterway Wealth Management LLC

Waterway Wealth Management LLC increased its position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 2.8% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 1,470,829 shares of the company’s stock after buying an additional 39,441 shares during the quarter. PIMCO Multi Sector Bond Active ETF makes up 6.9% of Waterway Wealth Management LLC’s portfolio, making the stock its 4th largest holding. Waterway Wealth Management LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $37,450,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in PYLD. Morgan Stanley lifted its holdings in PIMCO Multi Sector Bond Active ETF by 33.6% during the fourth quarter. Morgan Stanley now owns 17,115,719 shares of the company’s stock valued at $456,647,000 after purchasing an additional 4,308,632 shares in the last quarter. Bank of America Corp DE lifted its holdings in PIMCO Multi Sector Bond Active ETF by 35.3% during the third quarter. Bank of America Corp DE now owns 15,573,447 shares of the company’s stock valued at $417,991,000 after purchasing an additional 4,059,150 shares in the last quarter. LPL Financial LLC lifted its holdings in PIMCO Multi Sector Bond Active ETF by 34.3% during the fourth quarter. LPL Financial LLC now owns 14,584,034 shares of the company’s stock valued at $389,102,000 after purchasing an additional 3,727,898 shares in the last quarter. Sequoia Financial Advisors LLC lifted its holdings in PIMCO Multi Sector Bond Active ETF by 24.0% during the fourth quarter. Sequoia Financial Advisors LLC now owns 9,459,806 shares of the company’s stock valued at $252,388,000 after purchasing an additional 1,831,959 shares in the last quarter. Finally, HighTower Advisors LLC lifted its holdings in PIMCO Multi Sector Bond Active ETF by 8.8% during the fourth quarter. HighTower Advisors LLC now owns 9,267,689 shares of the company’s stock valued at $247,262,000 after purchasing an additional 751,426 shares in the last quarter.

PIMCO Multi Sector Bond Active ETF Stock Up 0.2%

PYLD opened at $26.52 on Wednesday. PIMCO Multi Sector Bond Active ETF has a 52-week low of $25.92 and a 52-week high of $27.04. The firm’s fifty day simple moving average is $26.40 and its two-hundred day simple moving average is $26.58.

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. PYLD was launched on Jun 21, 2023 and is managed by PIMCO.