PAX Financial Group LLC Has $13.07 Million Stock Holdings in Pimco Total Return ETF $BOND

PAX Financial Group LLC boosted its stake in shares of Pimco Total Return ETF (NYSEARCA:BOND) by 6.3% during the 1st quarter, Holdings Channel reports. The institutional investor owned 141,683 shares of the exchange traded fund’s stock after buying an additional 8,412 shares during the quarter. Pimco Total Return ETF comprises approximately 2.2% of PAX Financial Group LLC’s investment portfolio, making the stock its 9th largest holding. PAX Financial Group LLC’s holdings in Pimco Total Return ETF were worth $13,075,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the stock. ACT Advisors LLC. increased its stake in shares of Pimco Total Return ETF by 2.7% in the fourth quarter. ACT Advisors LLC. now owns 4,720 shares of the exchange traded fund’s stock valued at $439,000 after buying an additional 124 shares during the period. Beacon Financial Advisory LLC lifted its stake in shares of Pimco Total Return ETF by 1.0% in the fourth quarter. Beacon Financial Advisory LLC now owns 12,659 shares of the exchange traded fund’s stock worth $1,178,000 after acquiring an additional 129 shares during the period. Founders Financial Securities LLC lifted its stake in shares of Pimco Total Return ETF by 3.9% in the first quarter. Founders Financial Securities LLC now owns 3,437 shares of the exchange traded fund’s stock worth $318,000 after acquiring an additional 129 shares during the period. Barnes Wealth Management Group Inc lifted its stake in shares of Pimco Total Return ETF by 0.4% in the third quarter. Barnes Wealth Management Group Inc now owns 34,098 shares of the exchange traded fund’s stock worth $3,183,000 after acquiring an additional 129 shares during the period. Finally, IFP Advisors Inc boosted its holdings in Pimco Total Return ETF by 2.0% in the fourth quarter. IFP Advisors Inc now owns 8,242 shares of the exchange traded fund’s stock valued at $767,000 after acquiring an additional 159 shares during the last quarter.

Pimco Total Return ETF Price Performance

Shares of BOND stock opened at $91.80 on Friday. The stock has a market capitalization of $8.28 billion, a PE ratio of 1.60 and a beta of 0.27. The business’s 50 day simple moving average is $91.88 and its 200 day simple moving average is $92.74. Pimco Total Return ETF has a one year low of $90.52 and a one year 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.