LPL Financial LLC Grows Position in Pimco Total Return ETF $BOND

LPL Financial LLC grew its stake in shares of Pimco Total Return ETF (NYSEARCA:BOND) by 25.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,895,952 shares of the exchange traded fund’s stock after purchasing an additional 587,532 shares during the quarter. LPL Financial LLC’s holdings in Pimco Total Return ETF were worth $269,555,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in BOND. Eagle Bay Advisors LLC purchased a new stake in shares of Pimco Total Return ETF during the fourth quarter valued at approximately $27,000. Register Financial Advisors LLC boosted its stake in shares of Pimco Total Return ETF by 129.7% during the fourth quarter. Register Financial Advisors LLC now owns 510 shares of the exchange traded fund’s stock valued at $47,000 after purchasing an additional 288 shares during the period. Evolution Wealth Management Inc. purchased a new stake in shares of Pimco Total Return ETF during the fourth quarter valued at approximately $57,000. Lodestone Wealth Management LLC purchased a new stake in shares of Pimco Total Return ETF during the fourth quarter valued at approximately $97,000. Finally, Colonial Trust Co SC purchased a new stake in shares of Pimco Total Return ETF during the third quarter valued at approximately $103,000.

Pimco Total Return ETF Stock Performance

NYSEARCA:BOND opened at $91.42 on Wednesday. The firm has a market cap of $7.80 billion, a PE ratio of 1.60 and a beta of 0.27. Pimco Total Return ETF has a fifty-two week low of $90.50 and a fifty-two week high of $94.68. The business has a 50 day moving average price of $92.07 and a 200-day moving average price of $92.92.

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