Mullooly Asset Management Inc. increased its holdings in Pimco Total Return ETF (NYSE:BOND – Free Report) by 14.3% in the third quarter, Holdings Channel.com reports. The firm owned 191,343 shares of the exchange traded fund’s stock after purchasing an additional 24,000 shares during the period. Pimco Total Return ETF accounts for 5.1% of Mullooly Asset Management Inc.’s investment portfolio, making the stock its 9th largest holding. Mullooly Asset Management Inc.’s holdings in Pimco Total Return ETF were worth $16,645,000 at the end of the most recent quarter.
Several other institutional investors have also recently added to or reduced their stakes in the business. Bouchey Financial Group Ltd. purchased a new position in Pimco Total Return ETF during the second quarter worth about $50,336,000. Legacy Private Trust Co. acquired a new stake in Pimco Total Return ETF in the 3rd quarter worth about $41,880,000. Eclectic Associates Inc. ADV purchased a new stake in Pimco Total Return ETF in the 3rd quarter valued at about $40,405,000. Waverly Advisors LLC grew its holdings in Pimco Total Return ETF by 59.5% in the 1st quarter. Waverly Advisors LLC now owns 1,022,276 shares of the exchange traded fund’s stock valued at $94,336,000 after buying an additional 381,386 shares during the period. Finally, Envestnet Asset Management Inc. grew its holdings in Pimco Total Return ETF by 13.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 2,955,221 shares of the exchange traded fund’s stock valued at $269,253,000 after buying an additional 340,777 shares during the period.
Pimco Total Return ETF Price Performance
NYSE BOND opened at $88.64 on Wednesday. Pimco Total Return ETF has a 12 month low of $86.11 and a 12 month high of $94.68. The company has a 50-day moving average of $88.46 and a 200-day moving average of $91.27. The company has a market cap of $8.83 billion, a P/E ratio of 1.60 and a beta of 0.28.
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. BOND was launched on Mar 1, 2012 and is managed by PIMCO.
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