Pimco Total Return ETF (NYSEARCA:BOND) Shares Bought by Bank of America Corp DE

Bank of America Corp DE boosted its stake in shares of Pimco Total Return ETF (NYSEARCA:BOND) by 1.4% during the 4th quarter, Holdings Channel.com reports. The firm owned 1,006,486 shares of the exchange traded fund’s stock after purchasing an additional 14,278 shares during the quarter. Bank of America Corp DE’s holdings in Pimco Total Return ETF were worth $91,006,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. CENTRAL TRUST Co acquired a new stake in Pimco Total Return ETF during the 4th quarter worth about $27,000. Transce3nd LLC acquired a new stake in shares of Pimco Total Return ETF during the 4th quarter valued at about $28,000. Venturi Wealth Management LLC acquired a new stake in shares of Pimco Total Return ETF during the 4th quarter valued at about $62,000. EverSource Wealth Advisors LLC grew its position in shares of Pimco Total Return ETF by 50.1% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,030 shares of the exchange traded fund’s stock valued at $93,000 after acquiring an additional 344 shares during the period. Finally, Kestra Investment Management LLC acquired a new stake in shares of Pimco Total Return ETF during the 4th quarter valued at about $134,000.

Pimco Total Return ETF Stock Up 0.3%

NYSEARCA:BOND opened at $90.85 on Monday. Pimco Total Return ETF has a 52 week low of $88.95 and a 52 week high of $95.32. The stock has a market capitalization of $5.47 billion, a PE ratio of 1.60 and a beta of 0.27. The stock’s 50-day moving average price is $91.47 and its 200-day moving average price is $91.34.

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.