Pimco Total Return ETF $BOND Shares Acquired by NewEdge Advisors LLC

NewEdge Advisors LLC increased its position in shares of Pimco Total Return ETF (NYSE:BOND) by 10.3% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 1,474,136 shares of the exchange traded fund’s stock after purchasing an additional 137,905 shares during the period. NewEdge Advisors LLC’s holdings in Pimco Total Return ETF were worth $135,930,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in BOND. Northwestern Mutual Wealth Management Co. boosted its position in Pimco Total Return ETF by 48.0% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 125,862 shares of the exchange traded fund’s stock valued at $11,715,000 after purchasing an additional 40,808 shares during the period. Envestnet Portfolio Solutions Inc. increased its position in Pimco Total Return ETF by 4.0% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 194,546 shares of the exchange traded fund’s stock worth $18,108,000 after buying an additional 7,489 shares during the period. McGrath & Associates Inc. increased its position in Pimco Total Return ETF by 12.0% in the fourth quarter. McGrath & Associates Inc. now owns 135,105 shares of the exchange traded fund’s stock worth $12,576,000 after buying an additional 14,450 shares during the period. Parr Mcknight Wealth Management Group LLC lifted its stake in Pimco Total Return ETF by 16.3% in the fourth quarter. Parr Mcknight Wealth Management Group LLC now owns 141,358 shares of the exchange traded fund’s stock valued at $13,158,000 after buying an additional 19,857 shares during the last quarter. Finally, MCF Advisors LLC bought a new stake in Pimco Total Return ETF in the fourth quarter valued at $2,871,000.

Pimco Total Return ETF Stock Performance

Shares of BOND opened at $89.98 on Wednesday. Pimco Total Return ETF has a 1 year low of $89.71 and a 1 year high of $94.68. The company has a market cap of $8.40 billion, a price-to-earnings ratio of 1.60 and a beta of 0.27. The firm has a fifty day moving average of $90.80 and a 200-day moving average of $91.82.

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.