Concurrent Investment Advisors LLC Purchases 35,490 Shares of Pimco Total Return ETF $BOND

Concurrent Investment Advisors LLC boosted its position in shares of Pimco Total Return ETF (NYSE:BOND) by 6.3% during the second quarter, HoldingsChannel reports. The institutional investor owned 602,397 shares of the exchange traded fund’s stock after purchasing an additional 35,490 shares during the period. Concurrent Investment Advisors LLC’s holdings in Pimco Total Return ETF were worth $55,547,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. boosted its position in shares of Pimco Total Return ETF by 48.0% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 125,862 shares of the exchange traded fund’s stock worth $11,715,000 after acquiring an additional 40,808 shares in the last quarter. Envestnet Portfolio Solutions Inc. raised its position in Pimco Total Return ETF by 4.0% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 194,546 shares of the exchange traded fund’s stock valued at $18,108,000 after purchasing an additional 7,489 shares in the last quarter. McGrath & Associates Inc. lifted its stake in Pimco Total Return ETF by 12.0% during the fourth quarter. McGrath & Associates Inc. now owns 135,105 shares of the exchange traded fund’s stock worth $12,576,000 after purchasing an additional 14,450 shares during the last quarter. Parr Mcknight Wealth Management Group LLC lifted its stake in Pimco Total Return ETF by 16.3% during the fourth quarter. Parr Mcknight Wealth Management Group LLC now owns 141,358 shares of the exchange traded fund’s stock worth $13,158,000 after purchasing an additional 19,857 shares during the last quarter. Finally, MCF Advisors LLC acquired a new stake in shares of Pimco Total Return ETF in the 4th quarter valued at $2,871,000.

Pimco Total Return ETF Stock Performance

Shares of BOND opened at $90.06 on Friday. Pimco Total Return ETF has a 52-week low of $89.71 and a 52-week high of $94.68. The business’s fifty day moving average is $90.95 and its 200-day moving average is $91.91. The firm has a market cap of $8.41 billion, a price-to-earnings 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. BOND was launched on Mar 1, 2012 and is managed by PIMCO.