Brookstone Capital Management Grows Stock Position in Pimco Total Return ETF (NYSEARCA:BOND)

Brookstone Capital Management lifted its holdings in Pimco Total Return ETF (NYSEARCA:BOND) by 45.4% in the 4th quarter, Holdings Channel.com reports. The firm owned 103,634 shares of the exchange traded fund’s stock after purchasing an additional 32,348 shares during the quarter. Brookstone Capital Management’s holdings in Pimco Total Return ETF were worth $9,371,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. EWG Elevate Inc. increased its stake in shares of Pimco Total Return ETF by 8.0% in the 4th quarter. EWG Elevate Inc. now owns 24,241 shares of the exchange traded fund’s stock valued at $2,192,000 after purchasing an additional 1,796 shares in the last quarter. ORG Partners LLC increased its stake in shares of Pimco Total Return ETF by 3.6% in the 4th quarter. ORG Partners LLC now owns 6,729 shares of the exchange traded fund’s stock valued at $609,000 after purchasing an additional 236 shares in the last quarter. Legacy Private Trust Co. increased its stake in shares of Pimco Total Return ETF by 9.0% in the 4th quarter. Legacy Private Trust Co. now owns 231,669 shares of the exchange traded fund’s stock valued at $20,948,000 after purchasing an additional 19,033 shares in the last quarter. JPMorgan Chase & Co. increased its stake in shares of Pimco Total Return ETF by 19.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 533,646 shares of the exchange traded fund’s stock valued at $50,488,000 after purchasing an additional 87,231 shares in the last quarter. Finally, Destination Wealth Management increased its stake in shares of Pimco Total Return ETF by 2.2% in the 3rd quarter. Destination Wealth Management now owns 92,868 shares of the exchange traded fund’s stock valued at $8,786,000 after purchasing an additional 1,962 shares in the last quarter.

Pimco Total Return ETF Stock Down 0.1 %

Shares of Pimco Total Return ETF stock opened at $89.27 on Tuesday. Pimco Total Return ETF has a twelve month low of $88.88 and a twelve month high of $95.32. The business has a 50-day moving average price of $91.29 and a 200 day moving average price of $92.49. The firm has a market cap of $4.11 billion, a PE ratio of 1.59 and a beta of 0.18.

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.