Parr Mcknight Wealth Management Group LLC Acquires 8,388 Shares of Pimco Total Return ETF $BOND

Parr Mcknight Wealth Management Group LLC lifted its stake in shares of Pimco Total Return ETF (NYSEARCA:BOND) by 5.9% during the first quarter, Holdings Channel.com reports. The firm owned 149,746 shares of the exchange traded fund’s stock after acquiring an additional 8,388 shares during the period. Pimco Total Return ETF accounts for about 1.8% of Parr Mcknight Wealth Management Group LLC’s portfolio, making the stock its 5th biggest position. Parr Mcknight Wealth Management Group LLC’s holdings in Pimco Total Return ETF were worth $13,819,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of BOND. Eagle Bay Advisors LLC bought a new position in Pimco Total Return ETF in the 4th quarter valued at about $27,000. Register Financial Advisors LLC raised its position in shares of Pimco Total Return ETF by 129.7% during the 4th 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 in the last quarter. Evolution Wealth Management Inc. acquired a new stake in shares of Pimco Total Return ETF in the 4th quarter worth approximately $57,000. Redwood Park Advisors LLC acquired a new stake in shares of Pimco Total Return ETF in the 4th quarter worth approximately $75,000. Finally, IFC & Insurance Marketing Inc. acquired a new stake in shares of Pimco Total Return ETF in the 4th quarter worth approximately $82,000.

Pimco Total Return ETF Price Performance

Pimco Total Return ETF stock opened at $91.29 on Monday. Pimco Total Return ETF has a 12-month low of $90.52 and a 12-month high of $94.68. The stock has a market capitalization of $8.28 billion, a PE ratio of 1.60 and a beta of 0.27. The firm has a 50 day simple moving average of $91.77 and a 200-day simple moving average of $92.67.

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.