Fairway Financial LLC Makes New $2.36 Million Investment in Pimco Total Return ETF (NYSEARCA:BOND)

Fairway Financial LLC bought a new position in Pimco Total Return ETF (NYSEARCA:BOND) during the fourth quarter, HoldingsChannel.com reports. The fund bought 26,064 shares of the exchange traded fund’s stock, valued at approximately $2,357,000. Pimco Total Return ETF comprises about 2.2% of Fairway Financial LLC’s holdings, making the stock its 16th largest holding.

Several other institutional investors also recently modified their holdings of BOND. International Assets Investment Management LLC raised its position in Pimco Total Return ETF by 6,714.2% in the third quarter. International Assets Investment Management LLC now owns 451,574 shares of the exchange traded fund’s stock worth $42,723,000 after acquiring an additional 444,947 shares during the period. LPL Financial LLC boosted its stake in shares of Pimco Total Return ETF by 40.7% in the third quarter. LPL Financial LLC now owns 1,273,677 shares of the exchange traded fund’s stock worth $120,503,000 after acquiring an additional 368,354 shares during the period. Sanctuary Advisors LLC boosted its stake in Pimco Total Return ETF by 1,646.8% during the third quarter. Sanctuary Advisors LLC now owns 347,900 shares of the exchange traded fund’s stock valued at $31,822,000 after buying an additional 327,984 shares during the last quarter. OneDigital Investment Advisors LLC boosted its stake in Pimco Total Return ETF by 22.4% during the third quarter. OneDigital Investment Advisors LLC now owns 1,024,870 shares of the exchange traded fund’s stock valued at $96,963,000 after buying an additional 187,822 shares during the last quarter. Finally, Prudent Investors Network Inc. raised its position in Pimco Total Return ETF by 72.6% during the third quarter. Prudent Investors Network Inc. now owns 386,325 shares of the exchange traded fund’s stock valued at $36,550,000 after purchasing an additional 162,509 shares during the period.

Pimco Total Return ETF Stock Performance

Shares of NYSEARCA BOND opened at $91.30 on Friday. The business’s 50 day moving average price is $90.67 and its 200-day moving average price is $92.28. The company has a market cap of $4.20 billion, a price-to-earnings ratio of 1.59 and a beta of 0.18. Pimco Total Return ETF has a fifty-two week low of $88.88 and a fifty-two week 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.