Financial Discovery Group Inc. Invests $5.16 Million in Pimco Total Return ETF $BOND

Financial Discovery Group Inc. bought a new stake in shares of Pimco Total Return ETF (NYSEARCA:BOND) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 55,956 shares of the exchange traded fund’s stock, valued at approximately $5,164,000. Pimco Total Return ETF makes up about 12.1% of Financial Discovery Group Inc.’s investment portfolio, making the stock its 2nd biggest position.

Several other large investors have also recently made changes to their positions in BOND. Eagle Bay Advisors LLC purchased a new stake in Pimco Total Return ETF during the fourth quarter worth $27,000. Cornerstone Planning Group LLC grew its position in Pimco Total Return ETF by 40.6% during the first quarter. Cornerstone Planning Group LLC now owns 447 shares of the exchange traded fund’s stock valued at $41,000 after buying an additional 129 shares during the period. Register Financial Advisors LLC increased its holdings in Pimco Total Return ETF by 129.7% in the fourth quarter. Register Financial Advisors LLC now owns 510 shares of the exchange traded fund’s stock valued at $47,000 after buying an additional 288 shares in the last quarter. Evolution Wealth Management Inc. purchased a new position in Pimco Total Return ETF in the fourth quarter valued at $57,000. Finally, Redwood Park Advisors LLC acquired a new position in shares of Pimco Total Return ETF in the fourth quarter worth about $75,000.

Pimco Total Return ETF Stock Up 0.1%

BOND stock opened at $91.46 on Friday. The company’s 50-day simple moving average is $91.68 and its 200-day simple moving average is $92.60. Pimco Total Return ETF has a 52-week low of $90.52 and a 52-week high of $94.68. The firm has a market cap of $8.33 billion, a P/E ratio of 1.60 and a beta of 0.27.

Pimco Total Return ETF 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.