Taylor & Morgan Wealth Management LLC Buys 7,050 Shares of Pimco Total Return ETF $BOND

Taylor & Morgan Wealth Management LLC lifted its stake in shares of Pimco Total Return ETF (NYSEARCA:BOND) by 14.2% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 56,622 shares of the exchange traded fund’s stock after purchasing an additional 7,050 shares during the period. Pimco Total Return ETF comprises 2.6% of Taylor & Morgan Wealth Management LLC’s investment portfolio, making the stock its 8th biggest position. Taylor & Morgan Wealth Management LLC owned about 0.06% of Pimco Total Return ETF worth $5,221,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of BOND. AQR Capital Management LLC lifted its stake in Pimco Total Return ETF by 7.6% in the 1st quarter. AQR Capital Management LLC now owns 7,486 shares of the exchange traded fund’s stock valued at $692,000 after buying an additional 531 shares in the last quarter. Goldman Sachs Group Inc. purchased a new stake in Pimco Total Return ETF during the 1st quarter worth approximately $9,122,000. Qube Research & Technologies Ltd purchased a new stake in Pimco Total Return ETF during the 2nd quarter worth approximately $275,000. Darwin Wealth Management LLC acquired a new position in shares of Pimco Total Return ETF during the second quarter valued at approximately $6,523,000. Finally, Jane Street Group LLC acquired a new position in shares of Pimco Total Return ETF during the second quarter valued at approximately $19,860,000.

Pimco Total Return ETF Price Performance

NYSEARCA BOND opened at $90.48 on Wednesday. The stock’s 50 day simple moving average is $91.38 and its 200-day simple moving average is $92.27. The company has a market cap of $8.44 billion, a PE ratio of 1.60 and a beta of 0.27. Pimco Total Return ETF has a 1-year low of $90.25 and a 1-year high of $94.68.

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.