Advocacy Wealth Management LLC purchased a new position in shares of Pimco Total Return ETF (NYSEARCA:BOND – Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 410,678 shares of the exchange traded fund’s stock, valued at approximately $38,226,000. Pimco Total Return ETF makes up 1.6% of Advocacy Wealth Management LLC’s investment portfolio, making the stock its 21st biggest position.
Several other hedge funds have also recently added to or reduced their stakes in BOND. Eagle Bay Advisors LLC acquired a new position in Pimco Total Return ETF in the 4th quarter valued at $27,000. Register Financial Advisors LLC raised its stake 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 purchasing an additional 288 shares during the last quarter. Evolution Wealth Management Inc. acquired a new position in Pimco Total Return ETF in the 4th quarter valued at $57,000. Lodestone Wealth Management LLC acquired a new position in Pimco Total Return ETF in the 4th quarter valued at $97,000. Finally, Colonial Trust Co SC acquired a new position in Pimco Total Return ETF in the 3rd quarter valued at $103,000.
Pimco Total Return ETF Stock Performance
NYSEARCA BOND opened at $91.13 on Tuesday. The business has a fifty day moving average price of $92.07 and a 200 day moving average price of $92.94. Pimco Total Return ETF has a one year low of $90.29 and a one year high of $94.68. The company has a market cap of $7.77 billion, a P/E 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.
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