BCS Wealth Management Increases Position in Pimco Total Return ETF (NYSEARCA:BOND)

BCS Wealth Management increased its holdings in Pimco Total Return ETF (NYSEARCA:BOND) by 16.4% in the 4th quarter, HoldingsChannel.com reports. The fund owned 36,970 shares of the exchange traded fund’s stock after buying an additional 5,207 shares during the period. BCS Wealth Management’s holdings in Pimco Total Return ETF were worth $3,343,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of BOND. AdvisorNet Financial Inc grew its stake in Pimco Total Return ETF by 41.6% in the 4th quarter. AdvisorNet Financial Inc now owns 106,488 shares of the exchange traded fund’s stock valued at $9,629,000 after purchasing an additional 31,275 shares during the period. Atmos Advisory LLC purchased a new position in shares of Pimco Total Return ETF in the 4th quarter worth about $794,000. Elevated Capital Advisors LLC grew its position in Pimco Total Return ETF by 2.6% during the fourth quarter. Elevated Capital Advisors LLC now owns 60,006 shares of the exchange traded fund’s stock valued at $5,426,000 after buying an additional 1,541 shares during the period. Kwmg LLC increased its holdings in Pimco Total Return ETF by 1.4% during the fourth quarter. Kwmg LLC now owns 132,675 shares of the exchange traded fund’s stock worth $11,996,000 after buying an additional 1,824 shares during the last quarter. Finally, Westmount Partners LLC boosted its stake in Pimco Total Return ETF by 10.6% in the fourth quarter. Westmount Partners LLC now owns 5,139 shares of the exchange traded fund’s stock valued at $465,000 after acquiring an additional 494 shares during the last quarter.

Pimco Total Return ETF Stock Down 0.1 %

Pimco Total Return ETF stock opened at $89.27 on Tuesday. The firm has a 50 day moving average price of $91.29 and a 200-day moving average price of $92.49. Pimco Total Return ETF has a twelve month low of $88.88 and a twelve month high of $95.32. The company has a market capitalization of $4.11 billion, a P/E ratio of 1.59 and a beta of 0.18.

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.