Lynch Investment Planning LLC bought a new stake in shares of Pimco Total Return ETF (NYSEARCA:BOND – Free Report) in the fourth quarter, Holdings Channel reports. The fund bought 153,154 shares of the exchange traded fund’s stock, valued at approximately $14,317,000. Pimco Total Return ETF accounts for approximately 13.7% of Lynch Investment Planning LLC’s investment portfolio, making the stock its largest holding.
A number of other hedge funds have also recently made changes to their positions in the stock. Eagle Bay Advisors LLC bought a new stake in shares of Pimco Total Return ETF in the fourth quarter worth $27,000. Register Financial Advisors LLC lifted its holdings in Pimco Total Return ETF by 129.7% in the fourth quarter. Register Financial Advisors LLC now owns 510 shares of the exchange traded fund’s stock valued at $47,000 after acquiring an additional 288 shares during the period. Evolution Wealth Management Inc. purchased a new position in Pimco Total Return ETF in the fourth quarter worth about $57,000. Redwood Park Advisors LLC purchased a new position in Pimco Total Return ETF in the fourth quarter worth about $75,000. Finally, IFC & Insurance Marketing Inc. bought a new stake in Pimco Total Return ETF during the 4th quarter valued at approximately $82,000.
Pimco Total Return ETF Price Performance
BOND stock opened at $92.05 on Friday. The company has a market capitalization of $7.85 billion, a price-to-earnings ratio of 1.60 and a beta of 0.27. The business has a 50 day simple moving average of $92.03 and a two-hundred day simple moving average of $92.82. Pimco Total Return ETF has a 1-year low of $90.52 and a 1-year high of $94.68.
About Pimco Total Return ETF
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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Want to see what other hedge funds are holding BOND? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Pimco Total Return ETF (NYSEARCA:BOND – Free Report).
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