Stadion Money Management LLC Buys Shares of 264,926 Pimco Total Return ETF $BOND

Stadion Money Management LLC bought a new stake in shares of Pimco Total Return ETF (NYSEARCA:BOND) in the fourth quarter, Holdings Channel reports. The fund bought 264,926 shares of the exchange traded fund’s stock, valued at approximately $24,659,000. Pimco Total Return ETF accounts for approximately 2.0% of Stadion Money Management LLC’s investment portfolio, making the stock its 13th largest holding.

Other institutional investors and hedge funds have also made changes to their positions in the company. Eagle Bay Advisors LLC bought a new position in shares of Pimco Total Return ETF during the fourth quarter valued at approximately $27,000. Register Financial Advisors LLC increased its stake in shares of Pimco Total Return ETF by 129.7% during the fourth quarter. Register Financial Advisors LLC now owns 510 shares of the exchange traded fund’s stock valued at $47,000 after purchasing an additional 288 shares in the last quarter. Evolution Wealth Management Inc. bought a new position in shares of Pimco Total Return ETF during the fourth quarter valued at approximately $57,000. IFC & Insurance Marketing Inc. bought a new position in shares of Pimco Total Return ETF during the fourth quarter valued at approximately $82,000. Finally, Lodestone Wealth Management LLC bought a new position in shares of Pimco Total Return ETF during the fourth quarter valued at approximately $97,000.

Pimco Total Return ETF Stock Performance

Shares of NYSEARCA BOND opened at $92.21 on Wednesday. Pimco Total Return ETF has a fifty-two week low of $90.52 and a fifty-two week high of $94.68. The company has a 50 day simple moving average of $92.04 and a two-hundred day simple moving average of $92.86. The company has a market capitalization of $7.86 billion, a price-to-earnings ratio of 1.60 and a beta of 0.27.

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. BOND was launched on Mar 1, 2012 and is managed by PIMCO.