Intelligence Driven Advisers LLC Has $7.40 Million Stock Position in Pimco Total Return ETF (NYSEARCA:BOND)

Intelligence Driven Advisers LLC lowered its holdings in shares of Pimco Total Return ETF (NYSEARCA:BOND) by 12.7% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 81,294 shares of the exchange traded fund’s stock after selling 11,815 shares during the period. Pimco Total Return ETF comprises 1.0% of Intelligence Driven Advisers LLC’s holdings, making the stock its 17th largest holding. Intelligence Driven Advisers LLC’s holdings in Pimco Total Return ETF were worth $7,404,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Mark Sheptoff Financial Planning LLC acquired a new stake in shares of Pimco Total Return ETF during the first quarter worth $30,000. Palisade Asset Management LLC acquired a new stake in Pimco Total Return ETF during the 1st quarter worth about $49,000. Avion Wealth raised its position in shares of Pimco Total Return ETF by 28.1% in the 2nd quarter. Avion Wealth now owns 753 shares of the exchange traded fund’s stock worth $68,000 after acquiring an additional 165 shares in the last quarter. Trust Co. of Vermont bought a new stake in Pimco Total Return ETF in the second quarter worth approximately $71,000. Finally, EverSource Wealth Advisors LLC lifted its stake in Pimco Total Return ETF by 75.1% in the first quarter. EverSource Wealth Advisors LLC now owns 842 shares of the exchange traded fund’s stock valued at $75,000 after buying an additional 361 shares during the period.

Pimco Total Return ETF Price Performance

Shares of NYSEARCA:BOND traded up $0.01 during mid-day trading on Friday, hitting $94.43. The company had a trading volume of 267,949 shares, compared to its average volume of 250,507. Pimco Total Return ETF has a one year low of $85.10 and a one year high of $94.84. The company has a market capitalization of $4.34 billion, a PE ratio of 1.59 and a beta of 0.18. The firm has a fifty day moving average price of $92.81 and a 200 day moving average price of $91.45.

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.