Kaydan Wealth Management Inc. Grows Stake in Pimco Total Return ETF (NYSEARCA:BOND)

Kaydan Wealth Management Inc. increased its stake in shares of Pimco Total Return ETF (NYSEARCA:BOND) by 49.9% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 3,670 shares of the exchange traded fund’s stock after purchasing an additional 1,222 shares during the period. Kaydan Wealth Management Inc.’s holdings in Pimco Total Return ETF were worth $347,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Mark Sheptoff Financial Planning LLC acquired a new stake in Pimco Total Return ETF during the 1st quarter worth $30,000. Palisade Asset Management LLC purchased a new stake in Pimco Total Return ETF during the 1st quarter valued at about $49,000. Avion Wealth raised its holdings in Pimco Total Return ETF by 28.1% in the 2nd quarter. Avion Wealth now owns 753 shares of the exchange traded fund’s stock valued at $68,000 after acquiring an additional 165 shares during the last quarter. Trust Co. of Vermont purchased a new position in Pimco Total Return ETF in the 2nd quarter worth approximately $71,000. Finally, EverSource Wealth Advisors LLC boosted its holdings in shares of Pimco Total Return ETF by 75.1% during the 1st quarter. EverSource Wealth Advisors LLC now owns 842 shares of the exchange traded fund’s stock worth $75,000 after purchasing an additional 361 shares during the last quarter.

Pimco Total Return ETF Stock Performance

NYSEARCA:BOND opened at $93.36 on Thursday. Pimco Total Return ETF has a one year low of $85.10 and a one year high of $95.32. The stock has a market cap of $4.29 billion, a PE ratio of 1.59 and a beta of 0.18. The stock has a 50 day moving average price of $94.06 and a 200 day moving average price of $92.03.

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.