MFG Investments LLC purchased a new stake in shares of Pimco Total Return ETF (NYSE:BOND – Free Report) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 32,356 shares of the exchange traded fund’s stock, valued at approximately $2,815,000. Pimco Total Return ETF accounts for 3.2% of MFG Investments LLC’s holdings, making the stock its 7th biggest position.
A number of other large investors have also added to or reduced their stakes in the stock. Scarborough Advisors LLC raised its position in Pimco Total Return ETF by 102.0% in the first quarter. Scarborough Advisors LLC now owns 297 shares of the exchange traded fund’s stock worth $27,000 after acquiring an additional 150 shares during the period. Beaird Harris Wealth Management LLC purchased a new position in Pimco Total Return ETF in the second quarter valued at about $31,000. Latitude Advisors LLC bought a new position in shares of Pimco Total Return ETF during the 3rd quarter valued at approximately $30,000. Cornerstone Planning Group LLC grew its position in shares of Pimco Total Return ETF by 40.6% during the 1st quarter. Cornerstone Planning Group LLC now owns 447 shares of the exchange traded fund’s stock valued at $41,000 after acquiring an additional 129 shares during the period. Finally, SYM FINANCIAL Corp bought a new position in shares of Pimco Total Return ETF during the 3rd quarter valued at approximately $40,000.
Pimco Total Return ETF Stock Down 0.1%
Shares of BOND stock opened at $88.64 on Wednesday. The company has a 50 day moving average of $88.46 and a 200-day moving average of $91.27. Pimco Total Return ETF has a 12-month low of $86.11 and a 12-month high of $94.68. The firm has a market cap of $8.83 billion, a P/E ratio of 1.60 and a beta of 0.28.
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. BOND was launched on Mar 1, 2012 and is managed by PIMCO.
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