Parr Mcknight Wealth Management Group LLC Has $9.94 Million Stock Position in Pimco Total Return ETF $BOND

Parr Mcknight Wealth Management Group LLC raised its position in Pimco Total Return ETF (NYSEARCA:BOND) by 17.6% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 107,834 shares of the exchange traded fund’s stock after acquiring an additional 16,133 shares during the period. Pimco Total Return ETF makes up about 1.4% of Parr Mcknight Wealth Management Group LLC’s holdings, making the stock its 11th largest position. Parr Mcknight Wealth Management Group LLC owned 0.17% of Pimco Total Return ETF worth $9,940,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of BOND. Transce3nd LLC lifted its holdings in shares of Pimco Total Return ETF by 53.0% in the 2nd quarter. Transce3nd LLC now owns 358 shares of the exchange traded fund’s stock worth $33,000 after purchasing an additional 124 shares in the last quarter. Banque Transatlantique SA bought a new stake in Pimco Total Return ETF during the 1st quarter valued at $36,000. SVB Wealth LLC acquired a new position in Pimco Total Return ETF during the first quarter worth $39,000. Maseco LLP acquired a new position in Pimco Total Return ETF during the second quarter worth $60,000. Finally, Security National Bank bought a new position in shares of Pimco Total Return ETF in the second quarter valued at $93,000.

Pimco Total Return ETF Price Performance

Shares of NYSEARCA BOND opened at $92.98 on Friday. The company has a 50-day moving average price of $93.62 and a 200-day moving average price of $92.56. The stock has a market capitalization of $6.23 billion, a P/E ratio of 1.60 and a beta of 0.27. Pimco Total Return ETF has a 1 year low of $88.95 and a 1 year high of $94.56.

About Pimco Total Return ETF

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.