Benedict Financial Advisors Inc. Grows Position in Pimco Total Return ETF (NYSEARCA:BOND)

Benedict Financial Advisors Inc. raised its holdings in Pimco Total Return ETF (NYSEARCA:BOND) by 24.2% during the third quarter, HoldingsChannel reports. The firm owned 11,168 shares of the exchange traded fund’s stock after buying an additional 2,174 shares during the period. Benedict Financial Advisors Inc.’s holdings in Pimco Total Return ETF were worth $1,057,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. CWM LLC increased its stake in Pimco Total Return ETF by 16.3% in the 3rd quarter. CWM LLC now owns 3,612,414 shares of the exchange traded fund’s stock valued at $341,770,000 after buying an additional 505,632 shares during the period. International Assets Investment Management LLC increased its position in Pimco Total Return ETF by 6,714.2% during the 3rd quarter. International Assets Investment Management LLC now owns 451,574 shares of the exchange traded fund’s stock worth $42,723,000 after purchasing an additional 444,947 shares during the period. Cetera Investment Advisers raised its stake in shares of Pimco Total Return ETF by 636.4% during the 1st quarter. Cetera Investment Advisers now owns 346,903 shares of the exchange traded fund’s stock worth $31,867,000 after buying an additional 299,795 shares in the last quarter. Koss Olinger Consulting LLC acquired a new stake in shares of Pimco Total Return ETF in the 2nd quarter valued at approximately $23,922,000. Finally, Concurrent Investment Advisors LLC boosted its stake in shares of Pimco Total Return ETF by 396.3% in the first quarter. Concurrent Investment Advisors LLC now owns 278,282 shares of the exchange traded fund’s stock valued at $25,563,000 after buying an additional 222,211 shares in the last quarter.

Pimco Total Return ETF Stock Down 0.2 %

BOND stock traded down $0.20 on Friday, reaching $92.10. 197,326 shares of the company’s stock were exchanged, compared to its average volume of 252,510. The firm has a market cap of $4.24 billion, a PE ratio of 1.59 and a beta of 0.18. Pimco Total Return ETF has a twelve month low of $85.45 and a twelve month high of $95.32. The stock has a fifty day moving average of $93.94 and a 200-day moving average of $92.11.

About Pimco Total Return ETF

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.