Steph & Co. Reduces Holdings in Pimco Total Return ETF $BOND

Steph & Co. reduced its holdings in shares of Pimco Total Return ETF (NYSEARCA:BOND) by 14.4% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 114,755 shares of the exchange traded fund’s stock after selling 19,276 shares during the quarter. Pimco Total Return ETF accounts for about 3.0% of Steph & Co.’s holdings, making the stock its 7th biggest position. Steph & Co.’s holdings in Pimco Total Return ETF were worth $10,590,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. CWM LLC lifted its position in Pimco Total Return ETF by 4.5% in the 4th quarter. CWM LLC now owns 4,149,576 shares of the exchange traded fund’s stock valued at $386,243,000 after acquiring an additional 177,815 shares in the last quarter. Morgan Stanley boosted its stake in Pimco Total Return ETF by 14.2% during the 4th quarter. Morgan Stanley now owns 3,380,670 shares of the exchange traded fund’s stock valued at $314,673,000 after purchasing an additional 419,755 shares during the last quarter. LPL Financial LLC boosted its stake in Pimco Total Return ETF by 25.5% during the 4th quarter. LPL Financial LLC now owns 2,895,952 shares of the exchange traded fund’s stock valued at $269,555,000 after purchasing an additional 587,532 shares during the last quarter. Wells Fargo & Company MN increased its holdings in Pimco Total Return ETF by 23.8% during the 4th quarter. Wells Fargo & Company MN now owns 1,983,801 shares of the exchange traded fund’s stock worth $184,652,000 after purchasing an additional 381,305 shares in the last quarter. Finally, Tectonic Advisors LLC increased its holdings in Pimco Total Return ETF by 0.8% during the 4th quarter. Tectonic Advisors LLC now owns 1,586,589 shares of the exchange traded fund’s stock worth $147,680,000 after purchasing an additional 12,520 shares in the last quarter.

Pimco Total Return ETF Stock Up 0.2%

Shares of Pimco Total Return ETF stock opened at $91.90 on Wednesday. Pimco Total Return ETF has a 52 week low of $90.52 and a 52 week high of $94.68. The business has a 50 day moving average price of $91.99 and a 200-day moving average price of $92.79. The company has a market cap of $7.84 billion, a PE ratio of 1.60 and a beta of 0.27.

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