Stadion Money Management LLC Invests $24.66 Million in Pimco Total Return ETF $BOND

Stadion Money Management LLC bought a new position in shares of Pimco Total Return ETF (NYSEARCA:BOND) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 264,926 shares of the exchange traded fund’s stock, valued at approximately $24,659,000. Pimco Total Return ETF accounts for 2.0% of Stadion Money Management LLC’s investment portfolio, making the stock its 13th largest position. Stadion Money Management LLC owned 0.34% of Pimco Total Return ETF as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Eagle Bay Advisors LLC bought a new position in Pimco Total Return ETF in the fourth quarter worth about $27,000. Register Financial Advisors LLC raised its stake in Pimco Total Return ETF by 129.7% in the fourth quarter. Register Financial Advisors LLC now owns 510 shares of the exchange traded fund’s stock worth $47,000 after buying an additional 288 shares in the last quarter. Evolution Wealth Management Inc. bought a new position in Pimco Total Return ETF in the fourth quarter worth about $57,000. IFC & Insurance Marketing Inc. bought a new position in Pimco Total Return ETF in the fourth quarter worth about $82,000. Finally, Lodestone Wealth Management LLC bought a new position in Pimco Total Return ETF in the fourth quarter worth about $97,000.

Pimco Total Return ETF Price Performance

BOND stock opened at $92.21 on Wednesday. Pimco Total Return ETF has a 1 year low of $90.52 and a 1 year high of $94.68. The company has a market cap of $7.86 billion, a P/E ratio of 1.60 and a beta of 0.27. The firm has a 50-day moving average of $92.04 and a 200 day moving average of $92.86.

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.