McGrath & Associates Inc. Has $12.58 Million Position in Pimco Total Return ETF $BOND

McGrath & Associates Inc. boosted its position in Pimco Total Return ETF (NYSEARCA:BOND) by 12.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 135,105 shares of the exchange traded fund’s stock after buying an additional 14,450 shares during the period. Pimco Total Return ETF makes up approximately 17.9% of McGrath & Associates Inc.’s portfolio, making the stock its biggest position. McGrath & Associates Inc. owned approximately 0.17% of Pimco Total Return ETF worth $12,576,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. ACT Advisors LLC. increased its position in Pimco Total Return ETF by 2.7% in the 4th quarter. ACT Advisors LLC. now owns 4,720 shares of the exchange traded fund’s stock valued at $439,000 after buying an additional 124 shares in the last quarter. FSA Advisors Inc. increased its holdings in Pimco Total Return ETF by 2.3% during the 3rd quarter. FSA Advisors Inc. now owns 5,517 shares of the exchange traded fund’s stock worth $515,000 after purchasing an additional 125 shares in the last quarter. Barnes Wealth Management Group Inc increased its holdings in Pimco Total Return ETF by 0.4% during the 3rd quarter. Barnes Wealth Management Group Inc now owns 34,098 shares of the exchange traded fund’s stock worth $3,183,000 after purchasing an additional 129 shares in the last quarter. Summit Investment Advisory Services LLC increased its holdings in Pimco Total Return ETF by 2.6% during the 3rd quarter. Summit Investment Advisory Services LLC now owns 5,467 shares of the exchange traded fund’s stock worth $510,000 after purchasing an additional 137 shares in the last quarter. Finally, IFP Advisors Inc increased its holdings in Pimco Total Return ETF by 2.0% during the 4th quarter. IFP Advisors Inc now owns 8,242 shares of the exchange traded fund’s stock worth $767,000 after purchasing an additional 159 shares in the last quarter.

Pimco Total Return ETF Stock Performance

Shares of BOND opened at $91.59 on Thursday. The stock has a 50 day moving average price of $92.10 and a two-hundred day moving average price of $92.98. The firm has a market capitalization of $7.81 billion, a P/E ratio of 1.60 and a beta of 0.28. Pimco Total Return ETF has a 52 week low of $90.25 and a 52 week high of $94.68.

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.