Pimco Total Return ETF $BOND Shares Purchased by Maimon Wealth Management LTD.

Maimon Wealth Management LTD. raised its position in shares of Pimco Total Return ETF (NYSEARCA:BOND) by 13.4% in the first quarter, HoldingsChannel reports. The fund owned 48,865 shares of the exchange traded fund’s stock after acquiring an additional 5,765 shares during the period. Pimco Total Return ETF accounts for approximately 3.9% of Maimon Wealth Management LTD.’s investment portfolio, making the stock its 6th largest holding. Maimon Wealth Management LTD.’s holdings in Pimco Total Return ETF were worth $4,498,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Procyon Advisors LLC increased its stake in shares of Pimco Total Return ETF by 2.2% during the first quarter. Procyon Advisors LLC now owns 5,632 shares of the exchange traded fund’s stock worth $520,000 after purchasing an additional 122 shares during the period. ACT Advisors LLC. boosted its stake in Pimco Total Return ETF by 2.7% in the 4th quarter. ACT Advisors LLC. now owns 4,720 shares of the exchange traded fund’s stock valued at $439,000 after purchasing an additional 124 shares during the period. Beacon Financial Advisory LLC boosted its stake in Pimco Total Return ETF by 1.0% in the 4th quarter. Beacon Financial Advisory LLC now owns 12,659 shares of the exchange traded fund’s stock valued at $1,178,000 after purchasing an additional 129 shares during the period. Founders Financial Securities LLC grew its holdings in Pimco Total Return ETF by 3.9% in the 1st quarter. Founders Financial Securities LLC now owns 3,437 shares of the exchange traded fund’s stock valued at $318,000 after buying an additional 129 shares in the last quarter. Finally, Cornerstone Planning Group LLC grew its holdings in Pimco Total Return ETF by 40.6% in the 1st quarter. Cornerstone Planning Group LLC now owns 447 shares of the exchange traded fund’s stock valued at $41,000 after buying an additional 129 shares in the last quarter.

Pimco Total Return ETF Price Performance

BOND stock opened at $91.12 on Tuesday. Pimco Total Return ETF has a fifty-two week low of $90.52 and a fifty-two week high of $94.68. The stock has a market capitalization of $8.33 billion, a price-to-earnings ratio of 1.60 and a beta of 0.27. The business’s fifty day moving average price is $91.66 and its two-hundred day moving average price is $92.58.

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.