Western Wealth Management LLC Purchases Shares of 35,646 Pimco Total Return ETF $BOND

Western Wealth Management LLC purchased a new stake in Pimco Total Return ETF (NYSEARCA:BOND) during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 35,646 shares of the exchange traded fund’s stock, valued at approximately $3,289,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Novem Group increased its holdings in shares of Pimco Total Return ETF by 7.3% during the 4th quarter. Novem Group now owns 230,537 shares of the exchange traded fund’s stock worth $21,458,000 after purchasing an additional 15,705 shares during the period. BCS Wealth Management raised its position in shares of Pimco Total Return ETF by 128.8% during the fourth quarter. BCS Wealth Management now owns 134,349 shares of the exchange traded fund’s stock valued at $12,505,000 after buying an additional 75,635 shares during the last quarter. Affiance Financial LLC raised its position in shares of Pimco Total Return ETF by 33.6% during the fourth quarter. Affiance Financial LLC now owns 71,780 shares of the exchange traded fund’s stock valued at $6,681,000 after buying an additional 18,036 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Pimco Total Return ETF by 48.0% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 125,862 shares of the exchange traded fund’s stock valued at $11,715,000 after buying an additional 40,808 shares during the period. Finally, Vavra Capital Management LLC bought a new stake in shares of Pimco Total Return ETF in the fourth quarter valued at about $12,993,000.

Pimco Total Return ETF Stock Down 0.3%

BOND stock opened at $90.49 on Friday. Pimco Total Return ETF has a twelve month low of $90.36 and a twelve month high of $94.68. The company has a market cap of $8.41 billion, a PE ratio of 1.60 and a beta of 0.27. The business’s 50-day simple moving average is $91.55 and its 200 day simple moving average is $92.42.

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.