Affiance Financial LLC Buys 8,706 Shares of Pimco Total Return ETF (NYSEARCA:BOND)

Affiance Financial LLC lifted its stake in Pimco Total Return ETF (NYSEARCA:BOND) by 24.0% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 44,925 shares of the exchange traded fund’s stock after buying an additional 8,706 shares during the quarter. Pimco Total Return ETF comprises 1.0% of Affiance Financial LLC’s portfolio, making the stock its 16th biggest holding. Affiance Financial LLC owned 0.07% of Pimco Total Return ETF worth $4,154,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the stock. Essential Planning LLC. raised its stake in shares of Pimco Total Return ETF by 4,238.6% in the fourth quarter. Essential Planning LLC. now owns 1,894,380 shares of the exchange traded fund’s stock worth $174,453,000 after buying an additional 1,850,717 shares during the period. Wells Fargo & Company MN raised its stake in shares of Pimco Total Return ETF by 2.0% in the fourth quarter. Wells Fargo & Company MN now owns 1,546,158 shares of the exchange traded fund’s stock worth $139,804,000 after buying an additional 30,257 shares during the period. LPL Financial LLC raised its stake in shares of Pimco Total Return ETF by 16.4% in the fourth quarter. LPL Financial LLC now owns 1,482,055 shares of the exchange traded fund’s stock worth $134,007,000 after buying an additional 208,378 shares during the period. OneDigital Investment Advisors LLC raised its stake in shares of Pimco Total Return ETF by 12.6% in the fourth quarter. OneDigital Investment Advisors LLC now owns 1,154,236 shares of the exchange traded fund’s stock worth $104,366,000 after buying an additional 129,366 shares during the period. Finally, Bank of America Corp DE raised its stake in shares of Pimco Total Return ETF by 1.4% in the fourth quarter. Bank of America Corp DE now owns 1,006,486 shares of the exchange traded fund’s stock worth $91,006,000 after buying an additional 14,278 shares during the period.

Pimco Total Return ETF Stock Down 0.7%

NYSEARCA BOND opened at $90.37 on Tuesday. The stock’s 50-day moving average price is $90.95 and its 200-day moving average price is $91.22. The company has a market capitalization of $5.46 billion, a P/E ratio of 1.61 and a beta of 0.27. Pimco Total Return ETF has a 52 week low of $88.95 and a 52 week 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.