Berger Financial Group Inc Buys 219,752 Shares of Pimco Total Return ETF $BOND

Berger Financial Group Inc increased its position in shares of Pimco Total Return ETF (NYSEARCA:BOND) by 1,042.9% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 240,823 shares of the exchange traded fund’s stock after buying an additional 219,752 shares during the quarter. Pimco Total Return ETF comprises about 1.2% of Berger Financial Group Inc’s portfolio, making the stock its 15th biggest position. Berger Financial Group Inc’s holdings in Pimco Total Return ETF were worth $22,223,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the business. Eagle Bay Advisors LLC acquired a new stake in shares of Pimco Total Return ETF in the 4th quarter worth about $27,000. Register Financial Advisors LLC raised its holdings in shares of Pimco Total Return ETF by 129.7% in the fourth 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. purchased a new stake in shares of Pimco Total Return ETF in the fourth quarter valued at about $57,000. Redwood Park Advisors LLC bought a new position in shares of Pimco Total Return ETF during the fourth quarter valued at about $75,000. Finally, IFC & Insurance Marketing Inc. bought a new position in shares of Pimco Total Return ETF during the fourth quarter valued at about $82,000.

Pimco Total Return ETF Stock Performance

Pimco Total Return ETF stock opened at $91.80 on Friday. 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 cap of $8.28 billion, a PE ratio of 1.60 and a beta of 0.27. The firm’s 50-day simple moving average is $91.88 and its 200 day simple moving average is $92.74.

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.