FSM Wealth Advisors LLC Acquires 26,570 Shares of Pimco Total Return ETF (NYSEARCA:BOND)

FSM Wealth Advisors LLC increased its holdings in shares of Pimco Total Return ETF (NYSEARCA:BOND) by 15.9% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 193,882 shares of the exchange traded fund’s stock after purchasing an additional 26,570 shares during the quarter. Pimco Total Return ETF accounts for 4.9% of FSM Wealth Advisors LLC’s holdings, making the stock its 3rd biggest position. FSM Wealth Advisors LLC owned approximately 0.42% of Pimco Total Return ETF worth $18,343,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Janney Montgomery Scott LLC grew its holdings in shares of Pimco Total Return ETF by 22.8% during the third quarter. Janney Montgomery Scott LLC now owns 29,295 shares of the exchange traded fund’s stock worth $2,772,000 after buying an additional 5,447 shares in the last quarter. Farther Finance Advisors LLC grew its stake in shares of Pimco Total Return ETF by 62.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 33,973 shares of the exchange traded fund’s stock worth $3,214,000 after acquiring an additional 13,002 shares in the last quarter. Valmark Advisers Inc. raised its holdings in shares of Pimco Total Return ETF by 13.6% in the third quarter. Valmark Advisers Inc. now owns 5,873 shares of the exchange traded fund’s stock valued at $556,000 after purchasing an additional 703 shares during the last quarter. Farmers & Merchants Investments Inc. lifted its position in shares of Pimco Total Return ETF by 39.0% in the third quarter. Farmers & Merchants Investments Inc. now owns 1,172 shares of the exchange traded fund’s stock worth $111,000 after purchasing an additional 329 shares in the last quarter. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its holdings in Pimco Total Return ETF by 11.6% during the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 2,576 shares of the exchange traded fund’s stock worth $244,000 after purchasing an additional 267 shares during the last quarter.

Pimco Total Return ETF Trading Up 0.3 %

Shares of BOND stock opened at $91.44 on Tuesday. The firm’s fifty day moving average price is $93.72 and its two-hundred day moving average price is $92.22. Pimco Total Return ETF has a 1 year low of $87.06 and a 1 year high of $95.32. The firm has a market capitalization of $4.21 billion, a P/E ratio of 1.59 and a beta of 0.18.

Pimco Total Return ETF 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.