Pinnacle Wealth Management Advisory Group LLC Increases Stock Position in Pimco Total Return ETF (NYSEARCA:BOND)

Pinnacle Wealth Management Advisory Group LLC raised its position in Pimco Total Return ETF (NYSEARCA:BOND) by 10.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,964 shares of the exchange traded fund’s stock after acquiring an additional 583 shares during the quarter. Pinnacle Wealth Management Advisory Group LLC’s holdings in Pimco Total Return ETF were worth $539,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of BOND. CENTRAL TRUST Co bought a new stake in shares of Pimco Total Return ETF in the fourth quarter worth about $27,000. SYM FINANCIAL Corp grew its position in shares of Pimco Total Return ETF by 2,431.6% in the 3rd quarter. SYM FINANCIAL Corp now owns 481 shares of the exchange traded fund’s stock worth $46,000 after buying an additional 462 shares during the last quarter. Farmers & Merchants Investments Inc. increased its stake in shares of Pimco Total Return ETF by 39.0% during the third quarter. Farmers & Merchants Investments Inc. now owns 1,172 shares of the exchange traded fund’s stock valued at $111,000 after buying an additional 329 shares during the period. Larson Financial Group LLC increased its stake in shares of Pimco Total Return ETF by 13.6% during the third quarter. Larson Financial Group LLC now owns 1,794 shares of the exchange traded fund’s stock valued at $170,000 after buying an additional 215 shares during the period. Finally, Evolution Wealth Advisors LLC purchased a new stake in Pimco Total Return ETF in the third quarter worth $206,000.

Pimco Total Return ETF Stock Up 0.4 %

NYSEARCA:BOND opened at $91.36 on Monday. The firm’s fifty day simple moving average is $90.76 and its 200 day simple moving average is $92.32. The stock has a market cap of $4.20 billion, a P/E ratio of 1.59 and a beta of 0.18. Pimco Total Return ETF has a twelve month low of $88.88 and a twelve month high of $95.32.

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.