Fairway Financial LLC Purchases New Shares in Pimco Total Return ETF (NYSEARCA:BOND)

Fairway Financial LLC acquired a new position in shares of Pimco Total Return ETF (NYSEARCA:BOND) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 26,064 shares of the exchange traded fund’s stock, valued at approximately $2,357,000. Pimco Total Return ETF makes up approximately 2.2% of Fairway Financial LLC’s holdings, making the stock its 16th largest position. Fairway Financial LLC owned approximately 0.06% of Pimco Total Return ETF at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in BOND. CENTRAL TRUST Co bought a new position in Pimco Total Return ETF during the 4th quarter worth approximately $27,000. SYM FINANCIAL Corp boosted its holdings in Pimco Total Return ETF by 2,431.6% during the 3rd 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 last quarter. Venturi Wealth Management LLC bought a new stake in shares of Pimco Total Return ETF during the 4th quarter worth $62,000. Farmers & Merchants Investments Inc. raised its stake in Pimco Total Return ETF by 39.0% in the 3rd quarter. Farmers & Merchants Investments Inc. now owns 1,172 shares of the exchange traded fund’s stock valued at $111,000 after acquiring an additional 329 shares during the period. Finally, Kestra Investment Management LLC bought a new stake in Pimco Total Return ETF in the 4th quarter valued at about $134,000.

Pimco Total Return ETF Stock Up 0.2 %

Shares of BOND opened at $91.30 on Friday. Pimco Total Return ETF has a twelve month low of $88.88 and a twelve month high of $95.32. The stock has a market cap of $4.20 billion, a PE ratio of 1.59 and a beta of 0.18. The business’s 50-day moving average price is $90.67 and its 200-day moving average price is $92.28.

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.