Kaydan Wealth Management Inc. Raises Position in Pimco Total Return ETF (NYSEARCA:BOND)

Kaydan Wealth Management Inc. grew its holdings in Pimco Total Return ETF (NYSEARCA:BOND) by 86.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,854 shares of the exchange traded fund’s stock after acquiring an additional 3,184 shares during the period. Kaydan Wealth Management Inc.’s holdings in Pimco Total Return ETF were worth $620,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also modified their holdings of the company. CWM LLC increased its holdings in Pimco Total Return ETF by 16.3% during the 3rd quarter. CWM LLC now owns 3,612,414 shares of the exchange traded fund’s stock worth $341,770,000 after purchasing an additional 505,632 shares during the period. International Assets Investment Management LLC raised its holdings in Pimco Total Return ETF by 6,714.2% in the third quarter. International Assets Investment Management LLC now owns 451,574 shares of the exchange traded fund’s stock valued at $42,723,000 after acquiring an additional 444,947 shares in the last quarter. LPL Financial LLC lifted its stake in Pimco Total Return ETF by 40.7% in the third quarter. LPL Financial LLC now owns 1,273,677 shares of the exchange traded fund’s stock worth $120,503,000 after acquiring an additional 368,354 shares during the last quarter. Sanctuary Advisors LLC grew its holdings in Pimco Total Return ETF by 1,646.8% during the 3rd quarter. Sanctuary Advisors LLC now owns 347,900 shares of the exchange traded fund’s stock worth $31,822,000 after acquiring an additional 327,984 shares in the last quarter. Finally, NewEdge Advisors LLC increased its position in shares of Pimco Total Return ETF by 81.7% in the 2nd quarter. NewEdge Advisors LLC now owns 447,056 shares of the exchange traded fund’s stock valued at $40,718,000 after purchasing an additional 200,971 shares during the last quarter.

Pimco Total Return ETF Trading Down 0.1 %

Pimco Total Return ETF stock opened at $90.35 on Monday. The company has a fifty day simple moving average of $91.17 and a 200-day simple moving average of $92.47. The stock has a market cap of $4.16 billion, a P/E ratio of 1.59 and a beta of 0.18. Pimco Total Return ETF has a 12-month low of $88.88 and a 12-month high of $95.32.

Pimco Total Return ETF Company 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.