WealthShield Partners LLC boosted its holdings in shares of Pimco Total Return ETF (NYSEARCA:BOND – Free Report) by 39.7% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 90,920 shares of the exchange traded fund’s stock after buying an additional 25,817 shares during the period. Pimco Total Return ETF accounts for 1.2% of WealthShield Partners LLC’s investment portfolio, making the stock its 20th largest holding. WealthShield Partners LLC’s holdings in Pimco Total Return ETF were worth $8,256,000 at the end of the most recent quarter.
A number of other hedge funds also recently added to or reduced their stakes in the business. CENTRAL TRUST Co purchased a new stake in shares of Pimco Total Return ETF in the 4th quarter valued at approximately $27,000. SYM FINANCIAL Corp grew its position in shares of Pimco Total Return ETF by 2,431.6% in the 3rd quarter. SYM FINANCIAL Corp now owns 481 shares of the exchange traded fund’s stock valued at $46,000 after buying an additional 462 shares during the last quarter. Venturi Wealth Management LLC purchased a new position in shares of Pimco Total Return ETF in the 4th quarter valued at $62,000. Farmers & Merchants Investments Inc. grew its position in shares of Pimco Total Return ETF by 39.0% in the 3rd quarter. Farmers & Merchants Investments Inc. now owns 1,172 shares of the exchange traded fund’s stock valued at $111,000 after buying an additional 329 shares during the last quarter. Finally, Kestra Investment Management LLC purchased a new position in shares of Pimco Total Return ETF in the 4th quarter valued at $134,000.
Pimco Total Return ETF Price Performance
NYSEARCA BOND opened at $91.73 on Monday. The firm’s fifty day moving average price is $90.67 and its 200 day moving average price is $92.25. The company has a market capitalization of $4.22 billion, a price-to-earnings ratio of 1.59 and a beta of 0.18. Pimco Total Return ETF has a 12 month low of $88.88 and a 12 month high of $95.32.
Pimco Total Return ETF 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.
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