HighTower Advisors LLC Increases Stake in Pimco Total Return ETF $BOND

HighTower Advisors LLC raised its stake in shares of Pimco Total Return ETF (NYSEARCA:BOND) by 67.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 418,859 shares of the exchange traded fund’s stock after buying an additional 168,875 shares during the quarter. HighTower Advisors LLC owned about 0.54% of Pimco Total Return ETF worth $38,987,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. Eagle Bay Advisors LLC purchased a new stake in Pimco Total Return ETF during the 4th quarter valued at approximately $27,000. Register Financial Advisors LLC grew its holdings in Pimco Total Return ETF by 129.7% during the 4th quarter. Register Financial Advisors LLC now owns 510 shares of the exchange traded fund’s stock valued at $47,000 after buying an additional 288 shares in the last quarter. Lodestone Wealth Management LLC purchased a new stake in Pimco Total Return ETF during the 4th quarter valued at approximately $97,000. Colonial Trust Co SC purchased a new stake in Pimco Total Return ETF during the 3rd quarter valued at approximately $103,000. Finally, Greykasell Wealth Strategies Inc. purchased a new stake in Pimco Total Return ETF during the 3rd quarter valued at approximately $107,000.

Pimco Total Return ETF Price Performance

Shares of BOND opened at $91.35 on Friday. Pimco Total Return ETF has a 1 year low of $89.68 and a 1 year high of $94.68. The company has a 50 day simple moving average of $92.22 and a two-hundred day simple moving average of $93.09. The firm has a market cap of $7.79 billion, a P/E ratio of 1.60 and a beta of 0.28.

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. BOND was launched on Mar 1, 2012 and is managed by PIMCO.