Freedom Investment Management Inc. Has $15.85 Million Holdings in Pimco Total Return ETF $BOND

Freedom Investment Management Inc. cut its stake in shares of Pimco Total Return ETF (NYSEARCA:BOND) by 7.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 171,931 shares of the exchange traded fund’s stock after selling 13,547 shares during the period. Pimco Total Return ETF makes up approximately 1.3% of Freedom Investment Management Inc.’s investment portfolio, making the stock its 12th largest holding. Freedom Investment Management Inc. owned about 0.28% of Pimco Total Return ETF worth $15,849,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in BOND. Janney Montgomery Scott LLC lifted its holdings in Pimco Total Return ETF by 4.1% during the first quarter. Janney Montgomery Scott LLC now owns 29,691 shares of the exchange traded fund’s stock worth $2,746,000 after acquiring an additional 1,159 shares in the last quarter. JFS Wealth Advisors LLC bought a new position in Pimco Total Return ETF during the first quarter worth about $54,000. Oppenheimer & Co. Inc. lifted its holdings in Pimco Total Return ETF by 30.3% during the first quarter. Oppenheimer & Co. Inc. now owns 8,161 shares of the exchange traded fund’s stock worth $755,000 after acquiring an additional 1,896 shares in the last quarter. Valmark Advisers Inc. lifted its holdings in Pimco Total Return ETF by 49.6% during the first quarter. Valmark Advisers Inc. now owns 13,330 shares of the exchange traded fund’s stock worth $1,233,000 after acquiring an additional 4,419 shares in the last quarter. Finally, Consolidated Portfolio Review Corp lifted its holdings in Pimco Total Return ETF by 88.8% during the first quarter. Consolidated Portfolio Review Corp now owns 4,825 shares of the exchange traded fund’s stock worth $446,000 after acquiring an additional 2,270 shares in the last quarter.

Pimco Total Return ETF Trading Up 0.1%

BOND stock opened at $94.41 on Thursday. The business’s 50-day moving average price is $93.12 and its two-hundred day moving average price is $91.80. The firm has a market cap of $6.18 billion, a PE ratio of 1.60 and a beta of 0.18. Pimco Total Return ETF has a 1-year low of $88.95 and a 1-year high of $94.47.

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.