PAX Financial Group LLC Has $13.07 Million Stock Position in Pimco Total Return ETF $BOND

PAX Financial Group LLC grew its position in shares of Pimco Total Return ETF (NYSEARCA:BOND) by 6.3% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 141,683 shares of the exchange traded fund’s stock after purchasing an additional 8,412 shares during the quarter. Pimco Total Return ETF makes up 2.2% of PAX Financial Group LLC’s holdings, making the stock its 9th biggest holding. PAX Financial Group LLC owned approximately 0.17% of Pimco Total Return ETF worth $13,075,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Eagle Bay Advisors LLC acquired a new position in shares of Pimco Total Return ETF in the fourth quarter valued at approximately $27,000. Register Financial Advisors LLC raised its holdings in Pimco Total Return ETF by 129.7% in the 4th quarter. Register Financial Advisors LLC now owns 510 shares of the exchange traded fund’s stock valued at $47,000 after buying an additional 288 shares during the last quarter. Evolution Wealth Management Inc. acquired a new stake in Pimco Total Return ETF during the 4th quarter worth approximately $57,000. Redwood Park Advisors LLC acquired a new stake in Pimco Total Return ETF during the 4th quarter worth approximately $75,000. Finally, IFC & Insurance Marketing Inc. bought a new stake in Pimco Total Return ETF during the 4th quarter worth approximately $82,000.

Pimco Total Return ETF Price Performance

BOND opened at $91.80 on Friday. Pimco Total Return ETF has a fifty-two week low of $90.52 and a fifty-two week high of $94.68. The company’s 50 day moving average price is $91.88 and its two-hundred day moving average price is $92.74. The firm has a market capitalization of $8.28 billion, a price-to-earnings ratio of 1.60 and a beta of 0.27.

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.