Compass Financial Management LLC Purchases New Position in Pimco Total Return ETF $BOND

Compass Financial Management LLC acquired a new stake in Pimco Total Return ETF (NYSEARCA:BOND) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 38,953 shares of the exchange traded fund’s stock, valued at approximately $2,497,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of BOND. Trust Co. of Vermont acquired a new stake in shares of Pimco Total Return ETF in the second quarter valued at about $72,000. Taylor & Morgan Wealth Management LLC lifted its position in Pimco Total Return ETF by 14.2% during the 2nd quarter. Taylor & Morgan Wealth Management LLC now owns 56,622 shares of the exchange traded fund’s stock worth $5,221,000 after acquiring an additional 7,050 shares in the last quarter. Affiance Financial LLC boosted its holdings in Pimco Total Return ETF by 30.4% in the 2nd quarter. Affiance Financial LLC now owns 126,883 shares of the exchange traded fund’s stock worth $11,700,000 after acquiring an additional 29,567 shares during the period. Redhawk Wealth Advisors Inc. boosted its holdings in Pimco Total Return ETF by 18.2% in the 2nd quarter. Redhawk Wealth Advisors Inc. now owns 70,613 shares of the exchange traded fund’s stock worth $6,511,000 after acquiring an additional 10,849 shares during the period. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its holdings in Pimco Total Return ETF by 9.7% in the 2nd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 3,111 shares of the exchange traded fund’s stock worth $287,000 after acquiring an additional 274 shares during the period.

Pimco Total Return ETF Stock Down 0.1%

Shares of NYSEARCA:BOND opened at $90.50 on Friday. The company has a market capitalization of $8.45 billion, a price-to-earnings ratio of 1.60 and a beta of 0.27. The company has a 50 day moving average of $91.23 and a two-hundred day moving average of $92.11. Pimco Total Return ETF has a 52-week low of $90.25 and a 52-week high of $94.68.

Pimco Total Return ETF 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.