Manhattan West Asset Management LLC Takes $295,000 Position in Pimco Total Return ETF (NYSEARCA:BOND)

Manhattan West Asset Management LLC bought a new position in shares of Pimco Total Return ETF (NYSEARCA:BOND) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 3,214 shares of the exchange traded fund’s stock, valued at approximately $295,000.

A number of other large investors have also recently bought and sold shares of the company. Mark Sheptoff Financial Planning LLC purchased a new stake in Pimco Total Return ETF in the first quarter valued at $30,000. Palisade Asset Management LLC acquired a new position in shares of Pimco Total Return ETF in the 1st quarter valued at about $49,000. Hartline Investment Corp purchased a new stake in shares of Pimco Total Return ETF in the first quarter worth about $212,000. SOL Capital Management CO grew its holdings in Pimco Total Return ETF by 29.1% during the first quarter. SOL Capital Management CO now owns 3,784 shares of the exchange traded fund’s stock worth $348,000 after acquiring an additional 854 shares during the period. Finally, Romano Brothers AND Company raised its position in Pimco Total Return ETF by 58.7% during the first quarter. Romano Brothers AND Company now owns 4,595 shares of the exchange traded fund’s stock valued at $422,000 after acquiring an additional 1,700 shares in the last quarter.

Pimco Total Return ETF Stock Up 0.3 %

Shares of NYSEARCA BOND traded up $0.31 during midday trading on Friday, reaching $92.15. 171,866 shares of the stock were exchanged, compared to its average volume of 244,012. The firm has a 50-day simple moving average of $91.24 and a two-hundred day simple moving average of $91.03. Pimco Total Return ETF has a twelve month low of $85.10 and a twelve month high of $93.18. The firm has a market cap of $4.24 billion, a price-to-earnings ratio of 1.59 and a beta of 0.18.

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.