AdvisorNet Financial Inc Grows Stake in Pimco Total Return ETF (NYSEARCA:BOND)

AdvisorNet Financial Inc increased its position in Pimco Total Return ETF (NYSEARCA:BOND) by 41.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 106,488 shares of the exchange traded fund’s stock after acquiring an additional 31,275 shares during the period. Pimco Total Return ETF comprises about 0.8% of AdvisorNet Financial Inc’s investment portfolio, making the stock its 28th biggest holding. AdvisorNet Financial Inc owned 0.23% of Pimco Total Return ETF worth $9,629,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Mark Sheptoff Financial Planning LLC lifted its stake in shares of Pimco Total Return ETF by 33.3% in the 2nd quarter. Mark Sheptoff Financial Planning LLC now owns 440 shares of the exchange traded fund’s stock worth $40,000 after purchasing an additional 110 shares during the period. SYM FINANCIAL Corp raised its position in Pimco Total Return ETF by 2,431.6% in the third quarter. SYM FINANCIAL Corp now owns 481 shares of the exchange traded fund’s stock worth $46,000 after acquiring an additional 462 shares during the period. Farmers & Merchants Investments Inc. boosted its stake in shares of Pimco Total Return ETF by 39.0% during the 3rd quarter. Farmers & Merchants Investments Inc. now owns 1,172 shares of the exchange traded fund’s stock worth $111,000 after acquiring an additional 329 shares during the last quarter. Larson Financial Group LLC grew its position in shares of Pimco Total Return ETF by 13.6% during the 3rd quarter. Larson Financial Group LLC now owns 1,794 shares of the exchange traded fund’s stock valued at $170,000 after acquiring an additional 215 shares during the period. Finally, Evolution Wealth Advisors LLC purchased a new stake in shares of Pimco Total Return ETF in the 3rd quarter worth $206,000.

Pimco Total Return ETF Stock Performance

NYSEARCA BOND opened at $89.27 on Tuesday. The business’s fifty day moving average is $91.29 and its 200 day moving average is $92.49. Pimco Total Return ETF has a fifty-two week low of $88.88 and a fifty-two week high of $95.32. The company has a market capitalization of $4.11 billion, a PE ratio of 1.59 and a beta of 0.18.

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.