WealthShield Partners LLC Grows Stock Position in Pimco Total Return ETF $BOND

WealthShield Partners LLC grew its stake in Pimco Total Return ETF (NYSEARCA:BOND) by 8.9% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 103,918 shares of the exchange traded fund’s stock after purchasing an additional 8,457 shares during the period. Pimco Total Return ETF comprises 1.1% of WealthShield Partners LLC’s investment portfolio, making the stock its 19th biggest position. WealthShield Partners LLC’s holdings in Pimco Total Return ETF were worth $9,590,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of BOND. Eagle Bay Advisors LLC purchased a new position in shares of Pimco Total Return ETF during the 4th quarter valued at approximately $27,000. Register Financial Advisors LLC lifted its stake in Pimco Total Return ETF by 129.7% in the 4th 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 in the last quarter. Evolution Wealth Management Inc. acquired a new stake in shares of Pimco Total Return ETF in the fourth quarter worth approximately $57,000. Redwood Park Advisors LLC purchased a new position in Pimco Total Return ETF in the 4th quarter valued at $75,000. Finally, IFC & Insurance Marketing Inc. acquired a new stake in Pimco Total Return ETF during the 4th quarter worth $82,000.

Pimco Total Return ETF Stock Down 0.1%

Shares of Pimco Total Return ETF stock traded down $0.08 during trading hours on Friday, reaching $91.29. 448,412 shares of the company’s stock were exchanged, compared to its average volume of 520,932. Pimco Total Return ETF has a 1 year low of $90.52 and a 1 year high of $94.68. The company has a market capitalization of $8.24 billion, a P/E ratio of 1.60 and a beta of 0.27. The business has a fifty day moving average of $91.77 and a two-hundred day moving average of $92.68.

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.