Taylor & Morgan Wealth Management LLC Invests $1.95 Million in Pimco Total Return ETF (NYSEARCA:BOND)

Taylor & Morgan Wealth Management LLC acquired a new position in shares of Pimco Total Return ETF (NYSEARCA:BOND) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 21,570 shares of the exchange traded fund’s stock, valued at approximately $1,950,000. Pimco Total Return ETF makes up about 1.4% of Taylor & Morgan Wealth Management LLC’s portfolio, making the stock its 16th largest position.

A number of other hedge funds and other institutional investors have also bought and sold shares of BOND. AE Wealth Management LLC increased its holdings in Pimco Total Return ETF by 149.1% in the 2nd quarter. AE Wealth Management LLC now owns 95,248 shares of the exchange traded fund’s stock worth $8,675,000 after buying an additional 57,008 shares in the last quarter. Thrivent Financial for Lutherans grew its stake in shares of Pimco Total Return ETF by 9.5% in the second quarter. Thrivent Financial for Lutherans now owns 263,017 shares of the exchange traded fund’s stock worth $23,956,000 after acquiring an additional 22,916 shares during the period. Asset Management Group Inc. raised its holdings in shares of Pimco Total Return ETF by 1.2% during the second quarter. Asset Management Group Inc. now owns 14,373 shares of the exchange traded fund’s stock valued at $1,309,000 after purchasing an additional 164 shares during the last quarter. Connecticut Wealth Management LLC lifted its position in Pimco Total Return ETF by 302.9% during the second quarter. Connecticut Wealth Management LLC now owns 45,951 shares of the exchange traded fund’s stock valued at $4,185,000 after purchasing an additional 34,547 shares during the period. Finally, Merriman Wealth Management LLC boosted its holdings in Pimco Total Return ETF by 0.9% in the second quarter. Merriman Wealth Management LLC now owns 64,950 shares of the exchange traded fund’s stock worth $5,916,000 after purchasing an additional 558 shares during the last quarter.

Pimco Total Return ETF Price Performance

NYSEARCA BOND opened at $90.35 on Friday. The stock has a market capitalization of $4.16 billion, a price-to-earnings ratio of 1.59 and a beta of 0.18. Pimco Total Return ETF has a 1-year low of $88.88 and a 1-year high of $95.32. The business’s fifty day moving average price is $91.17 and its 200-day moving average price is $92.46.

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.