Pimco Total Return ETF $BOND Holdings Boosted by Cornerstone Wealth Management LLC

Cornerstone Wealth Management LLC lifted its stake in Pimco Total Return ETF (NYSE:BOND) by 10.0% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 340,136 shares of the exchange traded fund’s stock after acquiring an additional 30,865 shares during the quarter. Pimco Total Return ETF makes up approximately 1.2% of Cornerstone Wealth Management LLC’s investment portfolio, making the stock its 10th largest position. Cornerstone Wealth Management LLC’s holdings in Pimco Total Return ETF were worth $29,588,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Scarborough Advisors LLC raised its holdings 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 acquired a new position in Pimco Total Return ETF during the second quarter valued at approximately $31,000. Latitude Advisors LLC bought a new position in Pimco Total Return ETF in the third quarter valued at approximately $30,000. Cornerstone Planning Group LLC grew its stake in Pimco Total Return ETF by 40.6% in 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 in the last quarter. Finally, SYM FINANCIAL Corp bought a new position in Pimco Total Return ETF in the third quarter valued at approximately $40,000.

Pimco Total Return ETF Stock Down 0.9%

NYSE:BOND opened at $88.48 on Wednesday. The firm has a market capitalization of $9.11 billion, a price-to-earnings ratio of 1.60 and a beta of 0.28. Pimco Total Return ETF has a twelve month low of $86.11 and a twelve month high of $94.68. The stock’s 50 day moving average price is $88.29 and its two-hundred day moving average price is $91.16.

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.