Halbert Hargrove Global Advisors LLC acquired a new position in shares of Pimco Total Return ETF (NYSE:BOND – Free Report) during the third quarter, HoldingsChannel.com reports. The institutional investor acquired 73,956 shares of the exchange traded fund’s stock, valued at approximately $6,433,000. Pimco Total Return ETF comprises 0.3% of Halbert Hargrove Global Advisors LLC’s portfolio, making the stock its 19th largest holding.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Goldstein Advisors LLC boosted its holdings in shares of Pimco Total Return ETF by 4.1% during the 3rd quarter. Goldstein Advisors LLC now owns 329,764 shares of the exchange traded fund’s stock valued at $28,686,000 after acquiring an additional 12,871 shares in the last quarter. ACT Advisors LLC. increased its position in Pimco Total Return ETF by 12.1% during the 3rd quarter. ACT Advisors LLC. now owns 5,483 shares of the exchange traded fund’s stock valued at $477,000 after purchasing an additional 592 shares during the period. Iams Wealth Management LLC acquired a new stake in Pimco Total Return ETF during the 3rd quarter worth about $2,729,000. Fortitude Advisory Group L.L.C. grew its stake in Pimco Total Return ETF by 42.5% during the third quarter. Fortitude Advisory Group L.L.C. now owns 11,758 shares of the exchange traded fund’s stock worth $1,023,000 after purchasing an additional 3,506 shares during the period. Finally, AdvisorNet Financial Inc boosted its holdings in shares of Pimco Total Return ETF by 10.5% during the 3rd quarter. AdvisorNet Financial Inc now owns 233,100 shares of the exchange traded fund’s stock worth $20,345,000 after buying an additional 22,080 shares in the last quarter.
Pimco Total Return ETF Price Performance
BOND stock opened at $87.87 on Friday. The company’s 50-day moving average is $89.02 and its 200-day moving average is $90.81. Pimco Total Return ETF has a 1 year low of $86.11 and a 1 year high of $94.68. The stock has a market capitalization of $8.61 billion, a PE ratio of 1.60 and a beta of 0.28.
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.
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