Steph & Co. Buys 15,496 Shares of Pimco Total Return ETF $BOND

Steph & Co. increased its stake in Pimco Total Return ETF (NYSE:BOND) by 12.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 137,499 shares of the exchange traded fund’s stock after purchasing an additional 15,496 shares during the period. Pimco Total Return ETF makes up 3.0% of Steph & Co.’s holdings, making the stock its 7th largest position. Steph & Co. owned approximately 0.14% of Pimco Total Return ETF worth $11,961,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently made changes to their positions in BOND. LPL Financial LLC increased its stake in Pimco Total Return ETF by 25.5% in 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 buying an additional 587,532 shares during the last quarter. Bouchey Financial Group Ltd. acquired a new stake in Pimco Total Return ETF in the second quarter valued at $50,336,000. Legacy Private Trust Co. bought a new position in shares of Pimco Total Return ETF in the 3rd quarter valued at about $41,880,000. Evolve Private Wealth LLC bought a new stake in shares of Pimco Total Return ETF in the 4th quarter valued at about $43,614,000. Finally, Advocacy Wealth Management LLC acquired a new stake in Pimco Total Return ETF in the 4th quarter valued at about $38,226,000.

Pimco Total Return ETF Stock Performance

Pimco Total Return ETF stock traded down $0.07 during midday trading on Wednesday, reaching $86.58. 1,467,427 shares of the company’s stock were exchanged, compared to its average volume of 595,071. Pimco Total Return ETF has a 52 week low of $86.11 and a 52 week high of $94.68. The firm has a market cap of $8.49 billion, a price-to-earnings ratio of 1.60 and a beta of 0.28. The stock’s 50-day simple moving average is $89.52 and its 200 day simple moving average is $91.05.

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.