Pimco Total Return ETF $BOND Shares Newly Bought by Valley National Advisers Inc.

Valley National Advisers Inc. acquired a new position in shares of Pimco Total Return ETF (NYSE:BOND) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 183,964 shares of the exchange traded fund’s stock, valued at approximately $16,003,000. Pimco Total Return ETF accounts for 1.8% of Valley National Advisers Inc.’s portfolio, making the stock its 12th biggest position.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Bouchey Financial Group Ltd. bought a new position in Pimco Total Return ETF in the second quarter worth about $50,336,000. Legacy Private Trust Co. bought a new position in shares of Pimco Total Return ETF during the third quarter valued at approximately $41,880,000. Eclectic Associates Inc. ADV bought a new position in shares of Pimco Total Return ETF during the third quarter valued at approximately $40,405,000. Waverly Advisors LLC raised its position in shares of Pimco Total Return ETF by 59.5% during the 1st quarter. Waverly Advisors LLC now owns 1,022,276 shares of the exchange traded fund’s stock worth $94,336,000 after purchasing an additional 381,386 shares during the period. Finally, Envestnet Asset Management Inc. raised its position in shares of Pimco Total Return ETF by 13.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,955,221 shares of the exchange traded fund’s stock worth $269,253,000 after purchasing an additional 340,777 shares during the period.

Pimco Total Return ETF Trading Down 0.2%

Shares of Pimco Total Return ETF stock opened at $88.51 on Friday. The stock has a market capitalization of $8.67 billion, a price-to-earnings ratio of 1.60 and a beta of 0.28. Pimco Total Return ETF has a twelve month low of $86.11 and a twelve month high of $94.68. The business’s 50 day simple moving average is $88.71 and its 200-day simple moving average is $90.64.

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. BOND was launched on Mar 1, 2012 and is managed by PIMCO.