Brookstone Capital Management Has $2.45 Million Stock Position in Pimco Total Return ETF $BOND

Brookstone Capital Management boosted its holdings in Pimco Total Return ETF (NYSEARCA:BOND) by 27.2% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 26,212 shares of the exchange traded fund’s stock after purchasing an additional 5,605 shares during the quarter. Brookstone Capital Management’s holdings in Pimco Total Return ETF were worth $2,447,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Transce3nd LLC raised its stake in shares of Pimco Total Return ETF by 53.0% during the 2nd quarter. Transce3nd LLC now owns 358 shares of the exchange traded fund’s stock worth $33,000 after purchasing an additional 124 shares during the period. Banque Transatlantique SA purchased a new stake in Pimco Total Return ETF during the 1st quarter worth about $36,000. Maseco LLP bought a new position in shares of Pimco Total Return ETF in the second quarter valued at approximately $60,000. Security National Bank purchased a new position in shares of Pimco Total Return ETF during the 2nd quarter valued at $93,000. Finally, Goodman Advisory Group LLC purchased a new position in Pimco Total Return ETF during the second quarter worth about $123,000.

Pimco Total Return ETF Price Performance

Shares of NYSEARCA:BOND opened at $93.60 on Friday. Pimco Total Return ETF has a one year low of $88.95 and a one year high of $94.56. The firm has a market capitalization of $6.27 billion, a price-to-earnings ratio of 1.60 and a beta of 0.27. The company’s fifty day moving average price is $93.60 and its 200-day moving average price is $92.75.

Pimco Total Return ETF 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.