FSM Wealth Advisors LLC Increases Stake in Pimco Total Return ETF (NYSEARCA:BOND)

FSM Wealth Advisors LLC increased its position in shares of Pimco Total Return ETF (NYSEARCA:BOND) by 34.1% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 85,130 shares of the exchange traded fund’s stock after purchasing an additional 21,669 shares during the quarter. Pimco Total Return ETF accounts for about 3.9% of FSM Wealth Advisors LLC’s investment portfolio, making the stock its 3rd largest holding. FSM Wealth Advisors LLC owned about 0.23% of Pimco Total Return ETF worth $7,709,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Key Financial Inc acquired a new position in shares of Pimco Total Return ETF during the first quarter valued at $26,000. Delta Asset Management LLC TN acquired a new position in Pimco Total Return ETF during the fourth quarter worth about $29,000. ICA Group Wealth Management LLC acquired a new position in Pimco Total Return ETF during the fourth quarter worth about $29,000. Whittier Trust Co. of Nevada Inc. acquired a new position in Pimco Total Return ETF during the first quarter worth about $34,000. Finally, Money Concepts Capital Corp acquired a new position in Pimco Total Return ETF during the fourth quarter worth about $55,000.

Pimco Total Return ETF Stock Performance

Shares of NYSEARCA:BOND traded up $0.05 during midday trading on Monday, reaching $89.43. The company had a trading volume of 65,272 shares, compared to its average volume of 246,747. Pimco Total Return ETF has a 1-year low of $86.61 and a 1-year high of $94.57. The firm has a market cap of $3.58 billion, a price-to-earnings ratio of 56.50 and a beta of 0.18. The company has a fifty day simple moving average of $90.29 and a two-hundred day simple moving average of $91.44.

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.