Concurrent Investment Advisors LLC Purchases 53,384 Shares of Pimco Total Return ETF (NYSEARCA:BOND)

Concurrent Investment Advisors LLC grew its position in shares of Pimco Total Return ETF (NYSEARCA:BOND) by 16.3% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 381,576 shares of the exchange traded fund’s stock after purchasing an additional 53,384 shares during the quarter. Pimco Total Return ETF comprises approximately 0.9% of Concurrent Investment Advisors LLC’s investment portfolio, making the stock its 15th largest position. Concurrent Investment Advisors LLC owned approximately 0.83% of Pimco Total Return ETF worth $34,502,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. CENTRAL TRUST Co bought a new stake in shares of Pimco Total Return ETF in the 4th quarter valued at $27,000. SYM FINANCIAL Corp increased its stake in shares of Pimco Total Return ETF by 2,431.6% in the 3rd quarter. SYM FINANCIAL Corp now owns 481 shares of the exchange traded fund’s stock valued at $46,000 after acquiring an additional 462 shares in the last quarter. Venturi Wealth Management LLC bought a new stake in shares of Pimco Total Return ETF in the 4th quarter valued at $62,000. Farmers & Merchants Investments Inc. increased its stake in shares of Pimco Total Return ETF by 39.0% in the 3rd quarter. Farmers & Merchants Investments Inc. now owns 1,172 shares of the exchange traded fund’s stock valued at $111,000 after acquiring an additional 329 shares in the last quarter. Finally, Kestra Investment Management LLC bought a new stake in shares of Pimco Total Return ETF in the 4th quarter valued at $134,000.

Pimco Total Return ETF Stock Up 0.2 %

NYSEARCA:BOND opened at $91.12 on Thursday. The company has a fifty day moving average of $90.68 and a 200-day moving average of $92.28. The firm has a market capitalization of $4.19 billion, a P/E ratio of 1.59 and a beta of 0.18. Pimco Total Return ETF has a twelve month low of $88.88 and a twelve month high of $95.32.

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.