Assetmark Inc. Raises Stake in Pimco Total Return ETF (NYSEARCA:BOND)

Assetmark Inc. grew its stake in shares of Pimco Total Return ETF (NYSEARCA:BOND) by 9,566.7% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 580 shares of the exchange traded fund’s stock after purchasing an additional 574 shares during the quarter. Assetmark Inc.’s holdings in Pimco Total Return ETF were worth $54,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in BOND. Transce3nd LLC bought a new position in shares of Pimco Total Return ETF during the fourth quarter valued at $28,000. JFS Wealth Advisors LLC bought a new stake in shares of Pimco Total Return ETF during the 1st quarter valued at $54,000. Aspect Partners LLC bought a new stake in Pimco Total Return ETF during the first quarter valued at about $81,000. Pinnacle Bancorp Inc. lifted its position in shares of Pimco Total Return ETF by 77.7% in the first quarter. Pinnacle Bancorp Inc. now owns 942 shares of the exchange traded fund’s stock valued at $87,000 after acquiring an additional 412 shares in the last quarter. Finally, Cullen Frost Bankers Inc. purchased a new position in shares of Pimco Total Return ETF in the first quarter valued at about $161,000.

Pimco Total Return ETF Stock Up 0.2%

Shares of Pimco Total Return ETF stock opened at $92.24 on Tuesday. The company has a market capitalization of $5.70 billion, a price-to-earnings ratio of 1.60 and a beta of 0.18. Pimco Total Return ETF has a 52 week low of $88.95 and a 52 week high of $95.32. The stock’s 50-day simple moving average is $91.25 and its 200-day simple moving average is $91.27.

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.