Summit Wealth Group LLC Co. Makes New $1.62 Million Investment in Pimco Total Return ETF $BOND

Summit Wealth Group LLC Co. acquired a new stake in shares of Pimco Total Return ETF (NYSEARCA:BOND) in the 4th quarter, Holdings Channel.com reports. The fund acquired 17,435 shares of the exchange traded fund’s stock, valued at approximately $1,623,000.

A number of other institutional investors have also recently made changes to their positions in BOND. Ameritas Advisory Services LLC boosted its stake in shares of Pimco Total Return ETF by 56.4% during the 4th quarter. Ameritas Advisory Services LLC now owns 3,498 shares of the exchange traded fund’s stock worth $326,000 after purchasing an additional 1,261 shares during the period. World Investment Advisors raised its stake in shares of Pimco Total Return ETF by 109.9% during the fourth quarter. World Investment Advisors now owns 6,004 shares of the exchange traded fund’s stock valued at $559,000 after acquiring an additional 3,143 shares in the last quarter. Rollins Financial Advisors LLC increased its holdings in Pimco Total Return ETF by 111.5% during the fourth quarter. Rollins Financial Advisors LLC now owns 7,405 shares of the exchange traded fund’s stock valued at $689,000 after buying an additional 3,904 shares during the period. Money Concepts Capital Corp purchased a new position in Pimco Total Return ETF during the fourth quarter valued at approximately $3,040,000. Finally, Fairway Financial LLC increased its holdings in Pimco Total Return ETF by 9.7% during the fourth quarter. Fairway Financial LLC now owns 31,121 shares of the exchange traded fund’s stock valued at $2,897,000 after buying an additional 2,758 shares during the period.

Pimco Total Return ETF Stock Down 0.3%

Shares of BOND stock opened at $91.81 on Wednesday. The firm has a market cap of $7.83 billion, a price-to-earnings ratio of 1.60 and a beta of 0.28. The company’s 50 day moving average is $92.54 and its 200 day moving average is $93.23. Pimco Total Return ETF has a 52-week low of $89.68 and a 52-week high of $94.68.

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.