169,327 Shares in Pimco Total Return ETF $BOND Purchased by Kwmg LLC

Kwmg LLC acquired a new stake in Pimco Total Return ETF (NYSE:BOND) in the 3rd quarter, Holdings Channel reports. The firm acquired 169,327 shares of the exchange traded fund’s stock, valued at approximately $14,730,000.

A number of other institutional investors also recently modified their holdings of the stock. Scarborough Advisors LLC boosted its stake in Pimco Total Return ETF by 102.0% during the first quarter. Scarborough Advisors LLC now owns 297 shares of the exchange traded fund’s stock worth $27,000 after acquiring an additional 150 shares in the last quarter. Beaird Harris Wealth Management LLC bought a new stake in Pimco Total Return ETF in the second quarter valued at $31,000. Cornerstone Planning Group LLC raised its holdings in shares of 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 purchasing an additional 129 shares during the period. Allianz Asset Management GmbH raised its holdings in shares of Pimco Total Return ETF by 55.2% during the second quarter. Allianz Asset Management GmbH now owns 610 shares of the exchange traded fund’s stock valued at $56,000 after purchasing an additional 217 shares during the period. Finally, Bangor Savings Bank bought a new position in shares of Pimco Total Return ETF during the 3rd quarter worth about $71,000.

Pimco Total Return ETF Price Performance

Shares of BOND traded down $0.02 during trading hours on Wednesday, hitting $86.63. The stock had a trading volume of 678,350 shares, compared to its average volume of 590,672. The firm has a 50 day simple moving average of $89.52 and a 200-day simple moving average of $91.05. The firm has a market capitalization of $8.50 billion, a P/E ratio of 1.60 and a beta of 0.28. Pimco Total Return ETF has a 1-year low of $86.11 and a 1-year high of $94.68.

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