Waterway Wealth Management LLC Has $36.68 Million Stock Position in PIMCO Multi Sector Bond Active ETF $PYLD

Waterway Wealth Management LLC increased its holdings in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 128.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,431,388 shares of the company’s stock after acquiring an additional 806,049 shares during the period. PIMCO Multi Sector Bond Active ETF makes up 7.0% of Waterway Wealth Management LLC’s investment portfolio, making the stock its 4th largest holding. Waterway Wealth Management LLC owned about 0.44% of PIMCO Multi Sector Bond Active ETF worth $36,684,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Mark Sheptoff Financial Planning LLC increased its holdings in shares of PIMCO Multi Sector Bond Active ETF by 82.2% during the second quarter. Mark Sheptoff Financial Planning LLC now owns 1,066 shares of the company’s stock valued at $28,000 after acquiring an additional 481 shares in the last quarter. Mather Group LLC. purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF during the third quarter valued at approximately $32,000. MTM Investment Management LLC bought a new stake in shares of PIMCO Multi Sector Bond Active ETF during the second quarter valued at approximately $60,000. Cranbrook Wealth Management LLC bought a new stake in shares of PIMCO Multi Sector Bond Active ETF in the 3rd quarter worth $130,000. Finally, Redwood Park Advisors LLC raised its stake in shares of PIMCO Multi Sector Bond Active ETF by 38.7% in the second quarter. Redwood Park Advisors LLC now owns 5,500 shares of the company’s stock worth $146,000 after purchasing an additional 1,536 shares during the last quarter.

PIMCO Multi Sector Bond Active ETF Price Performance

Shares of NYSEARCA:PYLD opened at $26.82 on Tuesday. The business has a 50-day simple moving average of $26.78 and a two-hundred day simple moving average of $26.74. PIMCO Multi Sector Bond Active ETF has a fifty-two week low of $25.42 and a fifty-two week high of $27.04.

PIMCO Multi Sector Bond Active ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were given a dividend of $0.12 per share. This represents a c) dividend on an annualized basis and a dividend yield of 5.4%. The ex-dividend date of this dividend was Monday, February 2nd.

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.