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

Kaydan Wealth Management Inc. boosted its stake in Pimco Total Return ETF (NYSEARCA:BOND) by 86.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,854 shares of the exchange traded fund’s stock after buying an additional 3,184 shares during the quarter. Kaydan Wealth Management Inc.’s holdings in Pimco Total Return ETF were worth $620,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of BOND. CWM LLC raised its position in shares of Pimco Total Return ETF by 16.3% in the third quarter. CWM LLC now owns 3,612,414 shares of the exchange traded fund’s stock valued at $341,770,000 after buying an additional 505,632 shares during the last quarter. International Assets Investment Management LLC raised its holdings in Pimco Total Return ETF by 6,714.2% in the 3rd quarter. International Assets Investment Management LLC now owns 451,574 shares of the exchange traded fund’s stock valued at $42,723,000 after acquiring an additional 444,947 shares during the last quarter. LPL Financial LLC lifted its stake in Pimco Total Return ETF by 40.7% in the 3rd quarter. LPL Financial LLC now owns 1,273,677 shares of the exchange traded fund’s stock worth $120,503,000 after purchasing an additional 368,354 shares in the last quarter. Sanctuary Advisors LLC boosted its holdings in shares of Pimco Total Return ETF by 1,646.8% during the 3rd quarter. Sanctuary Advisors LLC now owns 347,900 shares of the exchange traded fund’s stock worth $31,822,000 after purchasing an additional 327,984 shares during the last quarter. Finally, NewEdge Advisors LLC grew its position in shares of Pimco Total Return ETF by 81.7% in the second quarter. NewEdge Advisors LLC now owns 447,056 shares of the exchange traded fund’s stock valued at $40,718,000 after purchasing an additional 200,971 shares in the last quarter.

Pimco Total Return ETF Stock Performance

Shares of Pimco Total Return ETF stock opened at $90.35 on Monday. The business’s 50 day moving average price is $91.17 and its 200 day moving average price is $92.47. The company has a market cap of $4.16 billion, a price-to-earnings ratio of 1.59 and a beta of 0.18. Pimco Total Return ETF has a one year low of $88.88 and a one year high of $95.32.

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.