Synergy Investment Management LLC Invests $279,000 in Pimco Total Return ETF (NYSEARCA:BOND)

Synergy Investment Management LLC purchased a new stake in shares of Pimco Total Return ETF (NYSEARCA:BOND) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 3,090 shares of the exchange traded fund’s stock, valued at approximately $279,000.

Several other large investors have also made changes to their positions in the company. JPMorgan Chase & Co. lifted its stake in Pimco Total Return ETF by 19.5% in the third quarter. JPMorgan Chase & Co. now owns 533,646 shares of the exchange traded fund’s stock valued at $50,488,000 after acquiring an additional 87,231 shares during the last quarter. Jane Street Group LLC raised its holdings in shares of Pimco Total Return ETF by 726.8% during the 3rd quarter. Jane Street Group LLC now owns 24,846 shares of the exchange traded fund’s stock valued at $2,351,000 after purchasing an additional 21,841 shares in the last quarter. Principal Securities Inc. lifted its stake in shares of Pimco Total Return ETF by 2.7% in the 4th quarter. Principal Securities Inc. now owns 8,988 shares of the exchange traded fund’s stock valued at $813,000 after purchasing an additional 234 shares during the last quarter. Park Avenue Securities LLC bought a new stake in Pimco Total Return ETF in the fourth quarter worth $724,000. Finally, Traction Financial Partners LLC increased its position in Pimco Total Return ETF by 1.7% during the third quarter. Traction Financial Partners LLC now owns 37,432 shares of the exchange traded fund’s stock worth $3,541,000 after buying an additional 639 shares during the last quarter.

Pimco Total Return ETF Price Performance

NYSEARCA BOND opened at $92.73 on Tuesday. Pimco Total Return ETF has a fifty-two week low of $88.88 and a fifty-two week high of $95.32. The stock’s 50-day moving average is $90.85 and its two-hundred day moving average is $92.22. The firm has a market cap of $5.46 billion, a P/E ratio of 1.64 and a beta of 0.26.

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.