Elevated Capital Advisors LLC trimmed its position in Pimco Total Return ETF (NYSEARCA:BOND – Free Report) by 31.5% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 27,930 shares of the exchange traded fund’s stock after selling 12,843 shares during the period. Elevated Capital Advisors LLC’s holdings in Pimco Total Return ETF were worth $2,577,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other large investors have also recently added to or reduced their stakes in the company. Eagle Bay Advisors LLC bought a new position in Pimco Total Return ETF during the fourth quarter worth about $27,000. Register Financial Advisors LLC raised its stake in Pimco Total Return ETF by 129.7% in the 4th quarter. Register Financial Advisors LLC now owns 510 shares of the exchange traded fund’s stock worth $47,000 after purchasing an additional 288 shares in the last quarter. Evolution Wealth Management Inc. acquired a new stake in Pimco Total Return ETF in the 4th quarter worth about $57,000. Redwood Park Advisors LLC bought a new stake in Pimco Total Return ETF in the 4th quarter valued at about $75,000. Finally, IFC & Insurance Marketing Inc. bought a new stake in Pimco Total Return ETF in the 4th quarter valued at about $82,000.
Pimco Total Return ETF Stock Up 0.1%
Shares of NYSEARCA:BOND opened at $91.37 on Friday. The company’s 50 day moving average price is $91.79 and its two-hundred day moving average price is $92.69. Pimco Total Return ETF has a 12-month low of $90.52 and a 12-month high of $94.68. The firm has a market cap of $8.24 billion, a PE ratio of 1.60 and a beta of 0.27.
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.
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Want to see what other hedge funds are holding BOND? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Pimco Total Return ETF (NYSEARCA:BOND – Free Report).
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