Waterway Wealth Management LLC Purchases New Shares in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD)

Waterway Wealth Management LLC purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 239,420 shares of the company’s stock, valued at approximately $6,381,000. PIMCO Multi Sector Bond Active ETF makes up about 2.7% of Waterway Wealth Management LLC’s investment portfolio, making the stock its 10th largest position. Waterway Wealth Management LLC owned 0.80% of PIMCO Multi Sector Bond Active ETF at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Cape Investment Advisory Inc. purchased a new stake in PIMCO Multi Sector Bond Active ETF during the first quarter worth about $25,000. Mather Group LLC. purchased a new stake in PIMCO Multi Sector Bond Active ETF during the second quarter worth about $28,000. First Horizon Advisors Inc. purchased a new stake in PIMCO Multi Sector Bond Active ETF during the second quarter worth about $28,000. Mark Sheptoff Financial Planning LLC purchased a new stake in PIMCO Multi Sector Bond Active ETF during the first quarter worth about $53,000. Finally, Future Financial Wealth Managment LLC purchased a new stake in PIMCO Multi Sector Bond Active ETF during the first quarter worth about $108,000.

PIMCO Multi Sector Bond Active ETF Stock Performance

NYSEARCA PYLD opened at $26.27 on Tuesday. PIMCO Multi Sector Bond Active ETF has a 52-week low of $23.76 and a 52-week high of $26.70. The company has a 50-day simple moving average of $26.43 and a 200 day simple moving average of $25.91.

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.