Axxcess Wealth Management LLC Grows Position in Pimco Total Return ETF $BOND

Axxcess Wealth Management LLC raised its holdings in shares of Pimco Total Return ETF (NYSEARCA:BOND) by 4,079.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 154,194 shares of the exchange traded fund’s stock after purchasing an additional 150,505 shares during the quarter. Axxcess Wealth Management LLC’s holdings in Pimco Total Return ETF were worth $14,352,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of BOND. AE Wealth Management LLC lifted its holdings in shares of Pimco Total Return ETF by 47.6% in the fourth quarter. AE Wealth Management LLC now owns 1,482,067 shares of the exchange traded fund’s stock worth $137,951,000 after buying an additional 477,930 shares in the last quarter. Thrivent Financial for Lutherans increased its position in shares of Pimco Total Return ETF by 1,785.4% in the third quarter. Thrivent Financial for Lutherans now owns 345,520 shares of the exchange traded fund’s stock worth $32,254,000 after purchasing an additional 327,194 shares during the last quarter. Jane Street Group LLC bought a new position in Pimco Total Return ETF during the second quarter valued at approximately $19,860,000. First Commonwealth Financial Corp PA bought a new position in Pimco Total Return ETF during the third quarter valued at approximately $17,092,000. Finally, CWM LLC grew its position in Pimco Total Return ETF by 4.5% during the fourth quarter. CWM LLC now owns 4,149,576 shares of the exchange traded fund’s stock valued at $386,243,000 after acquiring an additional 177,815 shares during the last quarter.

Pimco Total Return ETF Price Performance

Shares of NYSEARCA BOND opened at $91.45 on Friday. Pimco Total Return ETF has a one year low of $90.12 and a one year high of $94.68. The firm’s 50 day simple moving average is $92.20 and its two-hundred day simple moving average is $93.07. The stock has a market capitalization of $7.80 billion, a P/E 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.