Core Insights - FSM Wealth Advisors disclosed a purchase of 42,229 shares of the PIMCO Active Bond ETF, valued at approximately $3.95 million, increasing total holdings to 420,342 shares [1][2] Group 1: Transaction Details - The estimated transaction value of $3.95 million was based on the average closing price for the quarter, resulting in a quarter-end position value increase of $3.83 million [2] - The BOND position now constitutes 5.35% of FSM Wealth Advisors' assets under management (AUM) [3] Group 2: ETF Overview - The PIMCO Active Bond ETF has an AUM of $6.85 billion, a yield of 5.1%, and a price of $93.71 as of Wednesday, reflecting a 3% increase over the past year [4][3] - The ETF has posted a 1-Year Total Return of 8.5% [4] Group 3: Investment Strategy - The ETF offers a diversified, actively managed portfolio of fixed income securities, focusing on investment grade debt with up to 30% in high yield securities [6][8] - It employs a flexible investment strategy, utilizing derivatives for risk management and return enhancement, with an annualized dividend yield of 5.09% [8][9] Group 4: Market Position - With $7 billion in net assets, the ETF serves as an institutional-grade investment tool, reflecting modest gains while prioritizing stability over aggressive returns [10] - The investment strategy emphasizes risk management, suggesting a focus on anchoring returns rather than merely chasing yield [11]