Envestnet Portfolio Solutions Inc. Grows Stock Position in Pimco Total Return ETF (NYSEARCA:BOND)

Envestnet Portfolio Solutions Inc. lifted its holdings in shares of Pimco Total Return ETF (NYSEARCA:BOND) by 9.4% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 107,271 shares of the exchange traded fund’s stock after acquiring an additional 9,186 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in Pimco Total Return ETF were worth $9,770,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the stock. Kwmg LLC increased its position in shares of Pimco Total Return ETF by 4.8% in the 1st quarter. Kwmg LLC now owns 119,289 shares of the exchange traded fund’s stock valued at $10,958,000 after acquiring an additional 5,440 shares during the period. Brookstone Capital Management raised its stake in shares of Pimco Total Return ETF by 21.8% in the first quarter. Brookstone Capital Management now owns 70,741 shares of the exchange traded fund’s stock worth $6,498,000 after purchasing an additional 12,682 shares during the last quarter. Affiance Financial LLC boosted its stake in shares of Pimco Total Return ETF by 54.2% in the first quarter. Affiance Financial LLC now owns 28,282 shares of the exchange traded fund’s stock worth $2,598,000 after buying an additional 9,942 shares during the last quarter. Procyon Advisors LLC grew its holdings in Pimco Total Return ETF by 1.5% during the first quarter. Procyon Advisors LLC now owns 11,610 shares of the exchange traded fund’s stock worth $1,067,000 after acquiring an additional 176 shares during the period. Finally, Total Investment Management Inc. raised its position in Pimco Total Return ETF by 11.3% during the first quarter. Total Investment Management Inc. now owns 50,497 shares of the exchange traded fund’s stock valued at $4,639,000 after acquiring an additional 5,144 shares in the last quarter.

Pimco Total Return ETF Price Performance

NYSEARCA:BOND traded down $0.45 during trading hours on Thursday, reaching $93.28. The company had a trading volume of 86,226 shares, compared to its average volume of 251,386. The firm has a market cap of $4.29 billion, a PE ratio of 1.59 and a beta of 0.18. Pimco Total Return ETF has a 1-year low of $85.10 and a 1-year high of $94.33. The business’s 50 day moving average price is $91.92 and its 200-day moving average price is $91.16.

Pimco Total Return ETF Profile

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.