Northwestern Mutual Wealth Management Co. Has $2.02 Million Position in Pimco Total Return ETF $BOND

Northwestern Mutual Wealth Management Co. reduced its position in shares of Pimco Total Return ETF (NYSEARCA:BOND) by 74.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 21,647 shares of the exchange traded fund’s stock after selling 63,407 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Pimco Total Return ETF were worth $2,015,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in BOND. AQR Capital Management LLC raised its stake in Pimco Total Return ETF by 7.6% during the 1st quarter. AQR Capital Management LLC now owns 7,486 shares of the exchange traded fund’s stock valued at $692,000 after purchasing an additional 531 shares during the period. Goldman Sachs Group Inc. acquired a new stake in Pimco Total Return ETF during the 1st quarter valued at $9,122,000. Qube Research & Technologies Ltd acquired a new position in shares of Pimco Total Return ETF in the second quarter worth $275,000. Darwin Wealth Management LLC purchased a new stake in shares of Pimco Total Return ETF during the second quarter worth $6,523,000. Finally, Jane Street Group LLC purchased a new stake in shares of Pimco Total Return ETF during the second quarter worth $19,860,000.

Pimco Total Return ETF Trading Up 0.4%

Shares of NYSEARCA:BOND opened at $91.83 on Wednesday. Pimco Total Return ETF has a 1 year low of $90.25 and a 1 year high of $94.68. The business has a fifty day simple moving average of $92.17 and a 200 day simple moving average of $93.05. The firm has a market cap of $7.83 billion, a price-to-earnings ratio of 1.60 and a beta of 0.28.

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. BOND was launched on Mar 1, 2012 and is managed by PIMCO.