Christian Investment Advisors Inc. Acquires Shares of 221,662 Pimco Total Return ETF (NYSEARCA:BOND)

Christian Investment Advisors Inc. acquired a new stake in Pimco Total Return ETF (NYSEARCA:BOND) in the 4th quarter, HoldingsChannel.com reports. The firm acquired 221,662 shares of the exchange traded fund’s stock, valued at approximately $20,043,000. Pimco Total Return ETF makes up about 14.5% of Christian Investment Advisors Inc.’s investment portfolio, making the stock its 3rd largest position.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its stake in Pimco Total Return ETF by 19.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 533,646 shares of the exchange traded fund’s stock valued at $50,488,000 after buying an additional 87,231 shares during the last quarter. Jane Street Group LLC increased its stake in shares of Pimco Total Return ETF by 726.8% during the 3rd quarter. Jane Street Group LLC now owns 24,846 shares of the exchange traded fund’s stock worth $2,351,000 after purchasing an additional 21,841 shares during the last quarter. Principal Securities Inc. increased its stake in shares of Pimco Total Return ETF by 2.7% during the 4th quarter. Principal Securities Inc. now owns 8,988 shares of the exchange traded fund’s stock worth $813,000 after purchasing an additional 234 shares during the last quarter. Park Avenue Securities LLC purchased a new stake in shares of Pimco Total Return ETF during the 4th quarter worth approximately $724,000. Finally, Traction Financial Partners LLC increased its stake in shares of Pimco Total Return ETF by 1.7% during the 3rd quarter. Traction Financial Partners LLC now owns 37,432 shares of the exchange traded fund’s stock worth $3,541,000 after purchasing an additional 639 shares during the last quarter.

Pimco Total Return ETF Stock Up 0.5 %

Shares of BOND stock opened at $92.90 on Friday. The company has a 50 day moving average of $90.81 and a 200-day moving average of $92.24. Pimco Total Return ETF has a 12-month low of $88.88 and a 12-month high of $95.32. The firm has a market cap of $5.47 billion, a P/E ratio of 1.64 and a beta of 0.26.

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.