Northwest Financial Advisors Boosts Stock Holdings in Pimco Total Return ETF $BOND

Northwest Financial Advisors raised its stake in shares of Pimco Total Return ETF (NYSEARCA:BOND) by 30.8% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 25,494 shares of the exchange traded fund’s stock after acquiring an additional 6,007 shares during the quarter. Pimco Total Return ETF comprises 3.3% of Northwest Financial Advisors’ portfolio, making the stock its 6th biggest holding. Northwest Financial Advisors’ holdings in Pimco Total Return ETF were worth $2,350,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of BOND. Envestnet Asset Management Inc. raised its holdings in Pimco Total Return ETF by 54.0% during the first quarter. Envestnet Asset Management Inc. now owns 2,376,385 shares of the exchange traded fund’s stock valued at $219,744,000 after buying an additional 833,391 shares in the last quarter. Heirloom Wealth Management bought a new position in Pimco Total Return ETF during the second quarter valued at about $40,768,000. CWM LLC raised its holdings in Pimco Total Return ETF by 11.1% during the first quarter. CWM LLC now owns 4,154,795 shares of the exchange traded fund’s stock valued at $384,194,000 after buying an additional 415,209 shares in the last quarter. CreativeOne Wealth LLC raised its holdings in Pimco Total Return ETF by 102.6% during the first quarter. CreativeOne Wealth LLC now owns 764,486 shares of the exchange traded fund’s stock valued at $70,692,000 after buying an additional 387,218 shares in the last quarter. Finally, Vickerman Investment Advisors Inc. raised its holdings in Pimco Total Return ETF by 155.5% during the first quarter. Vickerman Investment Advisors Inc. now owns 610,904 shares of the exchange traded fund’s stock valued at $56,490,000 after buying an additional 371,786 shares in the last quarter.

Pimco Total Return ETF Price Performance

NYSEARCA BOND opened at $94.55 on Wednesday. Pimco Total Return ETF has a fifty-two week low of $88.95 and a fifty-two week high of $94.56. The stock’s 50-day moving average is $93.31 and its two-hundred day moving average is $91.92. The firm has a market cap of $6.27 billion, a P/E ratio of 1.60 and a beta of 0.27.

About Pimco Total Return ETF

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.