NewEdge Advisors LLC Purchases 280,940 Shares of Pimco Total Return ETF $BOND

NewEdge Advisors LLC raised its position in shares of Pimco Total Return ETF (NYSEARCA:BOND) by 26.6% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,336,231 shares of the exchange traded fund’s stock after buying an additional 280,940 shares during the quarter. NewEdge Advisors LLC owned about 1.57% of Pimco Total Return ETF worth $123,307,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the company. BCS Wealth Management lifted its holdings in shares of Pimco Total Return ETF by 128.8% in the 4th quarter. BCS Wealth Management now owns 134,349 shares of the exchange traded fund’s stock valued at $12,505,000 after buying an additional 75,635 shares during the period. Novem Group boosted its stake in shares of Pimco Total Return ETF by 7.3% in the fourth quarter. Novem Group now owns 230,537 shares of the exchange traded fund’s stock worth $21,458,000 after buying an additional 15,705 shares during the last quarter. Affiance Financial LLC grew its holdings in Pimco Total Return ETF by 33.6% during the fourth quarter. Affiance Financial LLC now owns 71,780 shares of the exchange traded fund’s stock worth $6,681,000 after acquiring an additional 18,036 shares during the period. Northwestern Mutual Wealth Management Co. raised its position in Pimco Total Return ETF by 48.0% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 125,862 shares of the exchange traded fund’s stock valued at $11,715,000 after acquiring an additional 40,808 shares in the last quarter. Finally, Vavra Capital Management LLC purchased a new position in Pimco Total Return ETF during the fourth quarter valued at approximately $12,993,000.

Pimco Total Return ETF Trading Up 0.0%

Shares of NYSEARCA:BOND opened at $90.87 on Thursday. Pimco Total Return ETF has a 12-month low of $90.25 and a 12-month high of $94.68. The company has a market capitalization of $8.48 billion, a PE ratio of 1.60 and a beta of 0.27. The business has a 50 day moving average of $91.49 and a two-hundred day moving average of $92.35.

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.