Cwm LLC Buys 108,520 Shares of Pimco Total Return ETF $BOND

Cwm LLC lifted its stake in Pimco Total Return ETF (NYSEARCA:BOND) by 2.8% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 3,971,761 shares of the exchange traded fund’s stock after buying an additional 108,520 shares during the period. Pimco Total Return ETF makes up approximately 1.1% of Cwm LLC’s portfolio, making the stock its 15th biggest holding. Cwm LLC owned approximately 0.06% of Pimco Total Return ETF worth $370,764,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. First PREMIER Bank grew its position in Pimco Total Return ETF by 9,618.8% during the 3rd quarter. First PREMIER Bank now owns 1,555 shares of the exchange traded fund’s stock worth $145,000 after acquiring an additional 1,539 shares during the last quarter. Brookstone Capital Management lifted its position in Pimco Total Return ETF by 27.2% in the third quarter. Brookstone Capital Management now owns 26,212 shares of the exchange traded fund’s stock valued at $2,447,000 after purchasing an additional 5,605 shares during the last quarter. DAVENPORT & Co LLC boosted its stake in shares of Pimco Total Return ETF by 6.6% during the third quarter. DAVENPORT & Co LLC now owns 49,006 shares of the exchange traded fund’s stock valued at $4,575,000 after purchasing an additional 3,013 shares during the period. Taylor & Morgan Wealth Management LLC boosted its stake in shares of Pimco Total Return ETF by 19.1% during the third quarter. Taylor & Morgan Wealth Management LLC now owns 26,647 shares of the exchange traded fund’s stock valued at $2,487,000 after purchasing an additional 4,279 shares during the period. Finally, Affiance Financial LLC grew its holdings in shares of Pimco Total Return ETF by 13.6% in the third quarter. Affiance Financial LLC now owns 53,744 shares of the exchange traded fund’s stock worth $5,017,000 after purchasing an additional 6,438 shares during the last quarter.

Pimco Total Return ETF Stock Up 0.3%

Shares of NYSEARCA BOND opened at $93.60 on Friday. The firm’s fifty day moving average is $93.60 and its 200 day moving average is $92.72. Pimco Total Return ETF has a 52 week low of $88.95 and a 52 week high of $94.56. The company has a market cap of $6.27 billion, a price-to-earnings ratio of 1.60 and a beta of 0.27.

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.