Essential Planning LLC. Increases Stake in Pimco Total Return ETF (NYSEARCA:BOND)

Essential Planning LLC. increased its holdings in Pimco Total Return ETF (NYSEARCA:BOND) by 4,238.6% in the fourth quarter, Holdings Channel.com reports. The firm owned 1,894,380 shares of the exchange traded fund’s stock after acquiring an additional 1,850,717 shares during the period. Pimco Total Return ETF makes up approximately 1.1% of Essential Planning LLC.’s investment portfolio, making the stock its 17th biggest position. Essential Planning LLC.’s holdings in Pimco Total Return ETF were worth $174,453,000 as of its most recent filing with the SEC.

Several other institutional investors have also added to or reduced their stakes in BOND. Janney Montgomery Scott LLC boosted its position in Pimco Total Return ETF by 22.8% during the 3rd quarter. Janney Montgomery Scott LLC now owns 29,295 shares of the exchange traded fund’s stock valued at $2,772,000 after buying an additional 5,447 shares during the period. Atria Investments Inc boosted its position in Pimco Total Return ETF by 21.8% during the 3rd quarter. Atria Investments Inc now owns 21,051 shares of the exchange traded fund’s stock valued at $1,992,000 after buying an additional 3,769 shares during the period. Sigma Planning Corp purchased a new stake in Pimco Total Return ETF during the 3rd quarter valued at $541,000. Harbour Investments Inc. boosted its position in Pimco Total Return ETF by 43.2% during the 3rd quarter. Harbour Investments Inc. now owns 89,464 shares of the exchange traded fund’s stock valued at $8,464,000 after buying an additional 26,984 shares during the period. Finally, WealthPlan Investment Management LLC boosted its position in Pimco Total Return ETF by 40.5% during the 3rd quarter. WealthPlan Investment Management LLC now owns 3,470 shares of the exchange traded fund’s stock valued at $328,000 after buying an additional 1,000 shares during the period.

Pimco Total Return ETF Stock Down 0.4 %

Shares of BOND opened at $92.03 on Wednesday. The stock has a market capitalization of $5.42 billion, a P/E ratio of 1.64 and a beta of 0.26. The firm has a fifty day simple moving average of $91.04 and a two-hundred day simple moving average of $92.14. 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.