Coign Capital Advisors LLC Buys Shares of 2,485 Pimco Total Return ETF (NYSEARCA:BOND)

Coign Capital Advisors LLC purchased a new position in Pimco Total Return ETF (NYSEARCA:BOND) during the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 2,485 shares of the exchange traded fund’s stock, valued at approximately $225,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Macroview Investment Management LLC lifted its stake in Pimco Total Return ETF by 2.4% in the fourth quarter. Macroview Investment Management LLC now owns 5,524 shares of the exchange traded fund’s stock valued at $499,000 after buying an additional 130 shares during the period. Bright Futures Wealth Management LLC. increased its stake in shares of Pimco Total Return ETF by 1.6% in the 4th quarter. Bright Futures Wealth Management LLC. now owns 8,780 shares of the exchange traded fund’s stock valued at $799,000 after acquiring an additional 142 shares during the last quarter. Clear Creek Financial Management LLC raised its position in shares of Pimco Total Return ETF by 2.9% in the 4th quarter. Clear Creek Financial Management LLC now owns 5,511 shares of the exchange traded fund’s stock valued at $498,000 after acquiring an additional 155 shares during the period. Signal Advisors Wealth LLC boosted its stake in Pimco Total Return ETF by 5.0% during the 4th quarter. Signal Advisors Wealth LLC now owns 3,466 shares of the exchange traded fund’s stock worth $315,000 after acquiring an additional 165 shares during the last quarter. Finally, IFP Advisors Inc boosted its stake in Pimco Total Return ETF by 6.8% during the 4th quarter. IFP Advisors Inc now owns 3,258 shares of the exchange traded fund’s stock worth $295,000 after acquiring an additional 207 shares during the last quarter.

Pimco Total Return ETF Stock Performance

Shares of NYSEARCA:BOND opened at $90.07 on Friday. The company has a 50 day moving average price of $91.74 and a two-hundred day moving average price of $91.72. The company has a market capitalization of $5.41 billion, a PE ratio of 1.63 and a beta of 0.27. Pimco Total Return ETF has a 52 week low of $88.88 and a 52 week high of $95.32.

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.