Pimco Total Return ETF (NYSEARCA:BOND) Shares Sold by Old Port Advisors

Old Port Advisors cut its stake in shares of Pimco Total Return ETF (NYSEARCA:BOND) by 22.2% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 3,163 shares of the exchange traded fund’s stock after selling 901 shares during the quarter. Old Port Advisors’ holdings in Pimco Total Return ETF were worth $288,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Cetera Investment Advisers boosted its holdings in Pimco Total Return ETF by 636.4% in the first quarter. Cetera Investment Advisers now owns 346,903 shares of the exchange traded fund’s stock valued at $31,867,000 after purchasing an additional 299,795 shares in the last quarter. Concurrent Investment Advisors LLC lifted its stake in Pimco Total Return ETF by 396.3% in the first quarter. Concurrent Investment Advisors LLC now owns 278,282 shares of the exchange traded fund’s stock valued at $25,563,000 after buying an additional 222,211 shares during the last quarter. Prudent Investors Network Inc. purchased a new stake in Pimco Total Return ETF in the first quarter valued at approximately $19,597,000. CWM LLC lifted its stake in Pimco Total Return ETF by 5.1% in the second quarter. CWM LLC now owns 3,106,782 shares of the exchange traded fund’s stock valued at $282,966,000 after buying an additional 150,977 shares during the last quarter. Finally, Simplicity Wealth LLC purchased a new stake in Pimco Total Return ETF in the first quarter valued at approximately $11,083,000.

Pimco Total Return ETF Stock Performance

NYSEARCA BOND traded up $0.28 on Friday, reaching $93.63. The stock had a trading volume of 165,231 shares, compared to its average volume of 251,641. Pimco Total Return ETF has a 12-month low of $85.10 and a 12-month high of $94.33. The business’s 50-day moving average price is $92.02 and its 200 day moving average price is $91.19. The stock has a market cap of $4.31 billion, a P/E ratio of 1.59 and a beta of 0.18.

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.