BCS Wealth Management Sells 57,415 Shares of Pimco Total Return ETF $BOND

BCS Wealth Management lessened its position in Pimco Total Return ETF (NYSEARCA:BOND) by 42.7% in the 1st quarter, Holdings Channel.com reports. The fund owned 76,934 shares of the exchange traded fund’s stock after selling 57,415 shares during the period. Pimco Total Return ETF comprises 1.4% of BCS Wealth Management’s investment portfolio, making the stock its 14th largest holding. BCS Wealth Management’s holdings in Pimco Total Return ETF were worth $7,099,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Eagle Bay Advisors LLC bought a new stake in Pimco Total Return ETF in the fourth quarter worth about $27,000. Register Financial Advisors LLC grew its stake in shares of Pimco Total Return ETF by 129.7% during the fourth quarter. Register Financial Advisors LLC now owns 510 shares of the exchange traded fund’s stock valued at $47,000 after buying an additional 288 shares during the last quarter. Evolution Wealth Management Inc. bought a new position in shares of Pimco Total Return ETF during the fourth quarter valued at approximately $57,000. Redwood Park Advisors LLC purchased a new stake in shares of Pimco Total Return ETF in the fourth quarter worth approximately $75,000. Finally, IFC & Insurance Marketing Inc. purchased a new stake in shares of Pimco Total Return ETF in the fourth quarter worth approximately $82,000.

Pimco Total Return ETF Trading Up 0.2%

Shares of BOND opened at $91.90 on Wednesday. The firm has a fifty day moving average price of $91.99 and a 200-day moving average price of $92.79. The firm has a market capitalization of $7.84 billion, a P/E ratio of 1.60 and a beta of 0.27. Pimco Total Return ETF has a 12-month low of $90.52 and a 12-month 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.