Parr Mcknight Wealth Management Group LLC Has $13.82 Million Stake in Pimco Total Return ETF $BOND

Parr Mcknight Wealth Management Group LLC boosted its stake in Pimco Total Return ETF (NYSEARCA:BOND) by 5.9% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 149,746 shares of the exchange traded fund’s stock after buying an additional 8,388 shares during the period. Pimco Total Return ETF accounts for approximately 1.8% of Parr Mcknight Wealth Management Group LLC’s investment portfolio, making the stock its 5th largest holding. Parr Mcknight Wealth Management Group LLC owned 0.18% of Pimco Total Return ETF worth $13,819,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Eagle Bay Advisors LLC bought a new position in shares of Pimco Total Return ETF during the fourth quarter worth about $27,000. Register Financial Advisors LLC lifted its position in Pimco Total Return ETF by 129.7% in the 4th quarter. Register Financial Advisors LLC now owns 510 shares of the exchange traded fund’s stock valued at $47,000 after purchasing an additional 288 shares during the last quarter. Evolution Wealth Management Inc. bought a new stake in Pimco Total Return ETF in the 4th quarter valued at about $57,000. Redwood Park Advisors LLC acquired a new position in Pimco Total Return ETF during the 4th quarter valued at about $75,000. Finally, IFC & Insurance Marketing Inc. acquired a new position in Pimco Total Return ETF during the 4th quarter valued at about $82,000.

Pimco Total Return ETF Stock Performance

NYSEARCA BOND opened at $91.29 on Monday. The company has a 50-day moving average price of $91.77 and a two-hundred day moving average price of $92.67. Pimco Total Return ETF has a 52 week low of $90.52 and a 52 week high of $94.68. The stock has a market cap of $8.28 billion, a price-to-earnings ratio of 1.60 and a beta of 0.27.

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. BOND was launched on Mar 1, 2012 and is managed by PIMCO.