Centerline Wealth Advisors LLC Takes Position in Pimco Total Return ETF $BOND

Centerline Wealth Advisors LLC purchased a new position in Pimco Total Return ETF (NYSE:BOND) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 30,148 shares of the exchange traded fund’s stock, valued at approximately $2,780,000. Pimco Total Return ETF accounts for 0.9% of Centerline Wealth Advisors LLC’s investment portfolio, making the stock its 29th largest position.

Several other institutional investors and hedge funds have also bought and sold shares of BOND. Scarborough Advisors LLC raised its position in shares of Pimco Total Return ETF by 102.0% in the 1st quarter. Scarborough Advisors LLC now owns 297 shares of the exchange traded fund’s stock valued at $27,000 after buying an additional 150 shares in the last quarter. Beaird Harris Wealth Management LLC bought a new position in Pimco Total Return ETF in the second quarter valued at approximately $31,000. Cornerstone Planning Group LLC raised its position in Pimco Total Return ETF by 40.6% during the first quarter. Cornerstone Planning Group LLC now owns 447 shares of the exchange traded fund’s stock valued at $41,000 after purchasing an additional 129 shares in the last quarter. Allianz Asset Management GmbH lifted its stake in Pimco Total Return ETF by 55.2% during the second quarter. Allianz Asset Management GmbH now owns 610 shares of the exchange traded fund’s stock worth $56,000 after purchasing an additional 217 shares during the last quarter. Finally, Evolution Wealth Management Inc. bought a new stake in Pimco Total Return ETF during the fourth quarter worth $57,000.

Pimco Total Return ETF Stock Performance

Shares of BOND stock opened at $89.98 on Wednesday. Pimco Total Return ETF has a fifty-two week low of $89.71 and a fifty-two week high of $94.68. The stock’s fifty day moving average price is $90.80 and its two-hundred day moving average price is $91.82. The company has a market cap of $8.40 billion, a PE ratio of 1.60 and a beta of 0.27.

About Pimco Total Return ETF

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.