Hutchens & Kramer Investment Management Group LLC boosted its position in Pimco Total Return ETF (NYSEARCA:BOND – Free Report) by 32.6% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 166,174 shares of the exchange traded fund’s stock after purchasing an additional 40,890 shares during the period. Pimco Total Return ETF comprises 5.3% of Hutchens & Kramer Investment Management Group LLC’s investment portfolio, making the stock its 4th biggest position. Hutchens & Kramer Investment Management Group LLC’s holdings in Pimco Total Return ETF were worth $15,467,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Cyndeo Wealth Partners LLC boosted its stake in shares of Pimco Total Return ETF by 2.1% in the 4th quarter. Cyndeo Wealth Partners LLC now owns 15,697 shares of the exchange traded fund’s stock worth $1,461,000 after buying an additional 328 shares during the last quarter. Freedom Financial Partners LLC grew its holdings in shares of Pimco Total Return ETF by 3.7% in the fourth quarter. Freedom Financial Partners LLC now owns 50,577 shares of the exchange traded fund’s stock valued at $4,708,000 after acquiring an additional 1,802 shares in the last quarter. Park Avenue Securities LLC increased its position in shares of Pimco Total Return ETF by 210.2% during the fourth quarter. Park Avenue Securities LLC now owns 13,244 shares of the exchange traded fund’s stock valued at $1,233,000 after acquiring an additional 8,975 shares during the last quarter. Allworth Financial LP lifted its holdings in Pimco Total Return ETF by 1.2% during the third quarter. Allworth Financial LP now owns 87,929 shares of the exchange traded fund’s stock worth $8,208,000 after acquiring an additional 1,029 shares during the period. Finally, IFP Advisors Inc lifted its holdings in Pimco Total Return ETF by 21.3% during the third quarter. IFP Advisors Inc now owns 8,085 shares of the exchange traded fund’s stock worth $755,000 after acquiring an additional 1,422 shares during the period.
Pimco Total Return ETF Trading Down 1.0%
BOND stock opened at $91.69 on Friday. The stock has a market cap of $7.08 billion, a P/E ratio of 1.60 and a beta of 0.27. The stock’s fifty day simple moving average is $93.52 and its two-hundred day simple moving average is $93.50. Pimco Total Return ETF has a 1-year low of $88.95 and a 1-year high of $94.68.
Pimco Total Return ETF Cuts Dividend
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.
Further Reading
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