Pimco Total Return ETF $BOND Position Boosted by Spectrum Advisors Inc.

Spectrum Advisors Inc. boosted its position in Pimco Total Return ETF (NYSE:BOND) by 10.5% during the third quarter, Holdings Channel.com reports. The fund owned 97,503 shares of the exchange traded fund’s stock after acquiring an additional 9,231 shares during the period. Pimco Total Return ETF accounts for 5.9% of Spectrum Advisors Inc.’s holdings, making the stock its 5th largest holding. Spectrum Advisors Inc.’s holdings in Pimco Total Return ETF were worth $8,482,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of BOND. Plancorp LLC bought a new position in shares of Pimco Total Return ETF during the third quarter valued at $1,908,000. Droms Strauss Advisors Inc. MO ADV raised its position in shares of Pimco Total Return ETF by 48.8% during the third quarter. Droms Strauss Advisors Inc. MO ADV now owns 13,661 shares of the exchange traded fund’s stock valued at $1,188,000 after buying an additional 4,481 shares during the last quarter. Canvas Wealth Advisors LLC purchased a new stake in shares of Pimco Total Return ETF in the third quarter worth about $4,571,000. Asset One Wealth Management LLC raised its stake in Pimco Total Return ETF by 5.4% during the third quarter. Asset One Wealth Management LLC now owns 17,202 shares of the exchange traded fund’s stock valued at $1,496,000 after purchasing an additional 877 shares in the last quarter. Finally, Birchwood Financial Partners Inc. increased its stake in Pimco Total Return ETF by 30.5% during the third quarter. Birchwood Financial Partners Inc. now owns 80,417 shares of the exchange traded fund’s stock worth $6,996,000 after acquiring an additional 18,801 shares during the last quarter.

Pimco Total Return ETF Stock Down 0.1%

BOND traded down $0.08 during trading on Friday, reaching $89.24. The company had a trading volume of 888,055 shares, compared to its average volume of 658,693. The stock has a market cap of $9.19 billion, a P/E ratio of 1.60 and a beta of 0.28. Pimco Total Return ETF has a 52 week low of $86.11 and a 52 week high of $94.68. The business has a 50 day simple moving average of $88.35 and a 200-day simple moving average of $91.20.

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.