Bright Futures Wealth Management LLC. Raises Stock Holdings in Pimco Total Return ETF (NYSEARCA:BOND)

Bright Futures Wealth Management LLC. grew its stake in Pimco Total Return ETF (NYSEARCA:BOND) by 1.6% during the first quarter, Holdings Channel.com reports. The fund owned 8,919 shares of the exchange traded fund’s stock after purchasing an additional 139 shares during the quarter. Bright Futures Wealth Management LLC.’s holdings in Pimco Total Return ETF were worth $803,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. Burt Wealth Advisors grew its stake in Pimco Total Return ETF by 81.8% in the 1st quarter. Burt Wealth Advisors now owns 6,527 shares of the exchange traded fund’s stock worth $604,000 after acquiring an additional 2,936 shares in the last quarter. Advisor Resource Council bought a new position in Pimco Total Return ETF in the 1st quarter worth about $299,000. United Advisor Group LLC grew its stake in Pimco Total Return ETF by 7.5% in the 1st quarter. United Advisor Group LLC now owns 3,934 shares of the exchange traded fund’s stock worth $364,000 after acquiring an additional 276 shares in the last quarter. Envestnet Portfolio Solutions Inc. grew its stake in Pimco Total Return ETF by 59.7% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 210,351 shares of the exchange traded fund’s stock worth $19,451,000 after acquiring an additional 78,627 shares in the last quarter. Finally, Wolf Group Capital Advisors grew its stake in Pimco Total Return ETF by 105.1% in the 1st quarter. Wolf Group Capital Advisors now owns 13,646 shares of the exchange traded fund’s stock worth $1,262,000 after acquiring an additional 6,992 shares in the last quarter.

Pimco Total Return ETF Price Performance

Shares of BOND stock opened at $91.20 on Friday. The company has a market capitalization of $5.56 billion, a P/E ratio of 1.60 and a beta of 0.26. The company’s 50-day simple moving average is $90.77 and its two-hundred day simple moving average is $91.11. Pimco Total Return ETF has a one year low of $88.95 and a one year high of $95.32.

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.