MFG Investments LLC Makes New Investment in Pimco Total Return ETF $BOND

MFG Investments LLC bought a new position in Pimco Total Return ETF (NYSE:BOND) in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 32,356 shares of the exchange traded fund’s stock, valued at approximately $2,815,000. Pimco Total Return ETF makes up 3.2% of MFG Investments LLC’s portfolio, making the stock its 7th biggest holding.

Several other institutional investors and hedge funds also recently made changes to their positions in BOND. Envestnet Asset Management Inc. grew its position in Pimco Total Return ETF by 13.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 2,955,221 shares of the exchange traded fund’s stock worth $269,253,000 after purchasing an additional 340,777 shares in the last quarter. Tectonic Advisors LLC increased its stake in Pimco Total Return ETF by 3.2% in the 3rd quarter. Tectonic Advisors LLC now owns 1,724,091 shares of the exchange traded fund’s stock valued at $149,979,000 after buying an additional 53,714 shares during the last quarter. Bank of America Corp DE increased its stake in Pimco Total Return ETF by 11.8% in the 1st quarter. Bank of America Corp DE now owns 1,625,567 shares of the exchange traded fund’s stock valued at $150,007,000 after buying an additional 171,674 shares during the last quarter. NewEdge Advisors LLC lifted its position in shares of Pimco Total Return ETF by 10.3% during the 2nd quarter. NewEdge Advisors LLC now owns 1,474,136 shares of the exchange traded fund’s stock worth $135,930,000 after buying an additional 137,905 shares in the last quarter. Finally, Waverly Advisors LLC lifted its position in shares of Pimco Total Return ETF by 30.3% during the 2nd quarter. Waverly Advisors LLC now owns 1,332,448 shares of the exchange traded fund’s stock worth $122,865,000 after buying an additional 310,172 shares in the last quarter.

Pimco Total Return ETF Stock Down 0.1%

Shares of NYSE BOND opened at $88.64 on Wednesday. Pimco Total Return ETF has a twelve month low of $86.11 and a twelve month high of $94.68. The stock’s 50 day moving average price is $88.46 and its 200-day moving average price is $91.27. The company has a market capitalization of $8.83 billion, a PE ratio of 1.60 and a beta of 0.28.

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.