USAdvisors Wealth Management LLC Has $4.83 Million Holdings in Pimco Total Return ETF (NYSEARCA:BOND)

USAdvisors Wealth Management LLC lifted its holdings in shares of Pimco Total Return ETF (NYSEARCA:BOND) by 96.4% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 52,216 shares of the exchange traded fund’s stock after purchasing an additional 25,623 shares during the period. Pimco Total Return ETF accounts for 1.7% of USAdvisors Wealth Management LLC’s holdings, making the stock its 16th biggest holding. USAdvisors Wealth Management LLC’s holdings in Pimco Total Return ETF were worth $4,828,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Transce3nd LLC acquired a new position in shares of Pimco Total Return ETF during the fourth quarter worth $28,000. JFS Wealth Advisors LLC acquired a new position in shares of Pimco Total Return ETF during the first quarter worth $54,000. Aspect Partners LLC acquired a new position in shares of Pimco Total Return ETF during the first quarter worth $81,000. Pinnacle Bancorp Inc. lifted its holdings in shares of Pimco Total Return ETF by 77.7% during the first quarter. Pinnacle Bancorp Inc. now owns 942 shares of the exchange traded fund’s stock worth $87,000 after purchasing an additional 412 shares during the period. Finally, Cullen Frost Bankers Inc. acquired a new position in shares of Pimco Total Return ETF during the first quarter worth $161,000.

Pimco Total Return ETF Stock Performance

Shares of NYSEARCA:BOND opened at $91.36 on Friday. The firm has a market cap of $5.63 billion, a PE ratio of 1.60 and a beta of 0.18. The firm’s fifty day moving average is $91.05 and its 200-day moving average is $91.15. Pimco Total Return ETF has a 52 week low of $88.95 and a 52 week high of $95.32.

Pimco Total Return ETF Company Profile

The PIMCO Active Bond Exchange-Traded Fund (BOND) is an exchange-traded fund that is based on the Barclays U.S. Aggregate index. The fund is an actively managed portfolio that aims to maintain a consistent level of dividend income by investing in a broad array of fixed income sectors and utilizing income efficient implementation strategies.