Meriwether Wealth & Planning LLC Takes $10.31 Million Position in Pimco Total Return ETF (NYSEARCA:BOND)

Meriwether Wealth & Planning LLC acquired a new stake in shares of Pimco Total Return ETF (NYSEARCA:BOND) in the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 114,000 shares of the exchange traded fund’s stock, valued at approximately $10,308,000. Pimco Total Return ETF comprises about 7.3% of Meriwether Wealth & Planning LLC’s holdings, making the stock its 4th biggest position.

A number of other institutional investors and hedge funds also recently modified their holdings of BOND. CENTRAL TRUST Co purchased a new stake in shares of Pimco Total Return ETF during the 4th quarter worth about $27,000. SYM FINANCIAL Corp grew its holdings in shares of Pimco Total Return ETF by 2,431.6% during the 3rd quarter. SYM FINANCIAL Corp now owns 481 shares of the exchange traded fund’s stock worth $46,000 after purchasing an additional 462 shares during the period. Venturi Wealth Management LLC purchased a new stake in shares of Pimco Total Return ETF during the 4th quarter worth about $62,000. Kestra Investment Management LLC purchased a new stake in shares of Pimco Total Return ETF during the 4th quarter worth about $134,000. Finally, Larson Financial Group LLC grew its holdings in shares of Pimco Total Return ETF by 13.6% during the 3rd quarter. Larson Financial Group LLC now owns 1,794 shares of the exchange traded fund’s stock worth $170,000 after purchasing an additional 215 shares during the period.

Pimco Total Return ETF Stock Performance

Shares of NYSEARCA:BOND opened at $91.97 on Monday. Pimco Total Return ETF has a 1 year low of $88.88 and a 1 year high of $95.32. The stock has a market capitalization of $5.42 billion, a P/E ratio of 1.64 and a beta of 0.26. The stock has a 50-day simple moving average of $90.98 and a 200-day simple moving average of $92.17.

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.