FSM Wealth Advisors purchased an additional 42,229 shares of the PIMCO Active Bond ETF, totaling $3.95 million. The fund now holds 420,342 shares, with BOND making up 5.35% of AUM. Top holdings include JPIB, BOND, JAVA, VTI, and JMST. BOND shares were priced at $93.71 on Wednesday, up 3% over the past year.

The PIMCO Active Bond ETF focuses on diversified fixed income exposure, with a yield of 5.1%. It primarily holds investment grade bonds and uses derivatives for risk management. The fund’s strategy aims for attractive risk-adjusted returns through active management and a disciplined approach to bond selection and risk management.

Designed for income and capital preservation, the PIMCO Active Bond ETF offers an annualized dividend yield of 5.09%. With $7 billion in net assets, the ETF emphasizes stability and risk management. Its performance over the past year reflects this approach, with modest gains and a focus on managing risk in changing market environments.

Read more at Yahoo Finance: Why One Fund Doubled Down on Pimco’s BOND ETF With $4 Million Buy