McGrath & Associates Inc. Purchases New Shares in Pimco Total Return ETF (NYSEARCA:BOND)

McGrath & Associates Inc. purchased a new position in Pimco Total Return ETF (NYSEARCA:BOND) in the 4th quarter, HoldingsChannel.com reports. The fund purchased 38,493 shares of the exchange traded fund’s stock, valued at approximately $3,481,000. Pimco Total Return ETF comprises approximately 7.0% of McGrath & Associates Inc.’s portfolio, making the stock its 2nd biggest holding.

Other large investors also recently added to or reduced their stakes in the company. Arkadios Wealth Advisors acquired a new position in shares of Pimco Total Return ETF during the 3rd quarter valued at about $494,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its stake in Pimco Total Return ETF by 11.6% during the 3rd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 2,576 shares of the exchange traded fund’s stock worth $244,000 after buying an additional 267 shares during the period. Farmers & Merchants Investments Inc. increased its position in shares of Pimco Total Return ETF by 39.0% during the third quarter. Farmers & Merchants Investments Inc. now owns 1,172 shares of the exchange traded fund’s stock worth $111,000 after acquiring an additional 329 shares during the period. Valmark Advisers Inc. increased its holdings in Pimco Total Return ETF by 13.6% during the 3rd quarter. Valmark Advisers Inc. now owns 5,873 shares of the exchange traded fund’s stock worth $556,000 after purchasing an additional 703 shares during the period. Finally, Farther Finance Advisors LLC raised its holdings in Pimco Total Return ETF by 62.0% in the third quarter. Farther Finance Advisors LLC now owns 33,973 shares of the exchange traded fund’s stock valued at $3,214,000 after acquiring an additional 13,002 shares in the last quarter.

Pimco Total Return ETF Trading Up 0.1 %

Pimco Total Return ETF stock opened at $92.59 on Thursday. Pimco Total Return ETF has a twelve month low of $88.88 and a twelve month high of $95.32. The stock has a 50 day moving average of $90.73 and a two-hundred day moving average of $92.24. The stock has a market capitalization of $4.26 billion, a price-to-earnings ratio of 1.59 and a beta of 0.18.

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.