Birchwood Financial Partners Inc. Makes New Investment in Pimco Total Return ETF $BOND

Birchwood Financial Partners Inc. acquired a new stake in shares of Pimco Total Return ETF (NYSEARCA:BOND) during the fourth quarter, Holdings Channel.com reports. The firm acquired 45,087 shares of the exchange traded fund’s stock, valued at approximately $4,197,000. Pimco Total Return ETF comprises about 4.2% of Birchwood Financial Partners Inc.’s portfolio, making the stock its 4th biggest position.

Several other hedge funds and other institutional investors have also made changes to their positions in BOND. Eagle Bay Advisors LLC bought a new stake in shares of Pimco Total Return ETF in the 4th quarter worth about $27,000. Register Financial Advisors LLC grew its holdings in Pimco Total Return ETF by 129.7% during the 4th quarter. Register Financial Advisors LLC now owns 510 shares of the exchange traded fund’s stock valued at $47,000 after purchasing an additional 288 shares during the last quarter. Evolution Wealth Management Inc. bought a new position in Pimco Total Return ETF during the 4th quarter valued at about $57,000. Redwood Park Advisors LLC bought a new position in Pimco Total Return ETF during the 4th quarter valued at about $75,000. Finally, IFC & Insurance Marketing Inc. purchased a new stake in Pimco Total Return ETF in the 4th quarter worth about $82,000.

Pimco Total Return ETF Price Performance

Shares of NYSEARCA BOND opened at $92.05 on Friday. The company has a market cap of $7.85 billion, a P/E ratio of 1.60 and a beta of 0.27. Pimco Total Return ETF has a 1 year low of $90.52 and a 1 year high of $94.68. The firm has a 50-day simple moving average of $92.03 and a two-hundred day simple moving average of $92.82.

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