Asset Allocation Strategies LLC Has $6.70 Million Stock Holdings in Pimco Total Return ETF $BOND

Asset Allocation Strategies LLC lifted its holdings in Pimco Total Return ETF (NYSEARCA:BOND) by 31.3% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 71,982 shares of the exchange traded fund’s stock after acquiring an additional 17,149 shares during the quarter. Pimco Total Return ETF comprises about 1.3% of Asset Allocation Strategies LLC’s investment portfolio, making the stock its 22nd largest position. Asset Allocation Strategies LLC’s holdings in Pimco Total Return ETF were worth $6,700,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of BOND. Eagle Bay Advisors LLC acquired a new stake in shares of Pimco Total Return ETF in the fourth quarter worth $27,000. Register Financial Advisors LLC boosted its position 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 worth $47,000 after buying an additional 288 shares during the period. Evolution Wealth Management Inc. acquired a new stake in shares of Pimco Total Return ETF in the fourth quarter worth $57,000. IFC & Insurance Marketing Inc. acquired a new stake in shares of Pimco Total Return ETF in the fourth quarter worth $82,000. Finally, Lodestone Wealth Management LLC acquired a new stake in shares of Pimco Total Return ETF in the fourth quarter worth $97,000.

Pimco Total Return ETF Stock Down 0.0%

Shares of Pimco Total Return ETF stock opened at $91.87 on Friday. The stock has a market cap of $7.83 billion, a PE ratio of 1.60 and a beta of 0.27. The business has a fifty day simple moving average of $92.05 and a 200-day simple moving average of $92.89. Pimco Total Return ETF has a 12 month low of $90.52 and a 12 month high of $94.68.

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.