Pimco Total Return ETF $BOND Shares Bought by Cornerstone Wealth Management LLC

Cornerstone Wealth Management LLC grew its stake in shares of Pimco Total Return ETF (NYSEARCA:BOND) by 6.7% during the 4th quarter, Holdings Channel.com reports. The firm owned 262,663 shares of the exchange traded fund’s stock after acquiring an additional 16,603 shares during the period. Pimco Total Return ETF makes up approximately 1.3% of Cornerstone Wealth Management LLC’s portfolio, making the stock its 9th largest position. Cornerstone Wealth Management LLC’s holdings in Pimco Total Return ETF were worth $24,449,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in BOND. Forvis Mazars Wealth Advisors LLC increased its holdings in shares of Pimco Total Return ETF by 0.5% in the 3rd quarter. Forvis Mazars Wealth Advisors LLC now owns 22,640 shares of the exchange traded fund’s stock valued at $2,113,000 after purchasing an additional 120 shares in the last quarter. ACT Advisors LLC. boosted its holdings in Pimco Total Return ETF by 2.7% during the fourth quarter. ACT Advisors LLC. now owns 4,720 shares of the exchange traded fund’s stock worth $439,000 after buying an additional 124 shares in the last quarter. FSA Advisors Inc. boosted its holdings in Pimco Total Return ETF by 2.3% during the third quarter. FSA Advisors Inc. now owns 5,517 shares of the exchange traded fund’s stock worth $515,000 after buying an additional 125 shares in the last quarter. Barnes Wealth Management Group Inc grew its position in Pimco Total Return ETF by 0.4% during the third quarter. Barnes Wealth Management Group Inc now owns 34,098 shares of the exchange traded fund’s stock worth $3,183,000 after buying an additional 129 shares during the period. Finally, Summit Investment Advisory Services LLC grew its position in Pimco Total Return ETF by 2.6% during the third quarter. Summit Investment Advisory Services LLC now owns 5,467 shares of the exchange traded fund’s stock worth $510,000 after buying an additional 137 shares during the period.

Pimco Total Return ETF Trading Down 0.0%

Shares of Pimco Total Return ETF stock opened at $91.75 on Friday. The company has a 50-day moving average of $92.46 and a two-hundred day moving average of $93.20. Pimco Total Return ETF has a 12-month low of $89.68 and a 12-month high of $94.68. The stock has a market cap of $7.82 billion, a PE ratio of 1.60 and a beta of 0.28.

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.