Avondale Wealth Management Sells 3,000 Shares of Pimco Total Return ETF (NYSEARCA:BOND)

Avondale Wealth Management lessened its position in Pimco Total Return ETF (NYSEARCA:BOND) by 43.8% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 3,850 shares of the exchange traded fund’s stock after selling 3,000 shares during the period. Avondale Wealth Management’s holdings in Pimco Total Return ETF were worth $364,000 at the end of the most recent reporting period.

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

Pimco Total Return ETF Stock Performance

Shares of Pimco Total Return ETF stock traded down $0.01 during trading on Friday, hitting $93.04. The company’s stock had a trading volume of 322,017 shares, compared to its average volume of 254,243. Pimco Total Return ETF has a 52 week low of $85.10 and a 52 week high of $95.32. The company has a market capitalization of $4.28 billion, a PE ratio of 1.59 and a beta of 0.18. The company has a fifty day simple moving average of $94.07 and a two-hundred day simple moving average of $92.00.

Pimco Total Return ETF Company 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.