Cherry Tree Wealth Management LLC Acquires New Shares in Pimco Total Return ETF $BOND

Cherry Tree Wealth Management LLC acquired a new stake in Pimco Total Return ETF (NYSE:BOND) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor acquired 11,814 shares of the exchange traded fund’s stock, valued at approximately $1,028,000.

A number of other hedge funds have also modified their holdings of BOND. Mather Group LLC. bought a new position in shares of Pimco Total Return ETF during the third quarter valued at $305,000. Mezzasalma Advisors LLC acquired a new stake in shares of Pimco Total Return ETF in the 3rd quarter valued at $780,000. MFA Wealth Services boosted its stake in shares of Pimco Total Return ETF by 8.9% in the 3rd quarter. MFA Wealth Services now owns 13,232 shares of the exchange traded fund’s stock valued at $1,151,000 after purchasing an additional 1,084 shares in the last quarter. XY Planning Network Inc. grew its holdings in shares of Pimco Total Return ETF by 39.3% in the 3rd quarter. XY Planning Network Inc. now owns 9,593 shares of the exchange traded fund’s stock worth $834,000 after purchasing an additional 2,704 shares during the last quarter. Finally, Womack Financial LLC grew its holdings in shares of Pimco Total Return ETF by 9.7% in the 3rd quarter. Womack Financial LLC now owns 35,963 shares of the exchange traded fund’s stock worth $3,128,000 after purchasing an additional 3,188 shares during the last quarter.

Pimco Total Return ETF Trading Up 0.7%

Shares of Pimco Total Return ETF stock traded up $0.64 during mid-day trading on Thursday, reaching $87.92. 598,343 shares of the stock were exchanged, compared to its average volume of 609,540. Pimco Total Return ETF has a fifty-two week low of $86.11 and a fifty-two week high of $94.68. The company has a market cap of $8.61 billion, a price-to-earnings ratio of 1.60 and a beta of 0.28. The firm has a 50-day simple moving average of $89.07 and a 200 day simple moving average of $90.83.

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.