Freedom Investment Management Inc. Reduces Stock Holdings in Pimco Total Return ETF $BOND

Freedom Investment Management Inc. reduced its holdings in Pimco Total Return ETF (NYSEARCA:BOND) by 13.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 88,476 shares of the exchange traded fund’s stock after selling 14,074 shares during the period. Pimco Total Return ETF comprises 2.4% of Freedom Investment Management Inc.’s holdings, making the stock its 12th biggest position. Freedom Investment Management Inc.’s holdings in Pimco Total Return ETF were worth $8,235,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. AE Wealth Management LLC boosted its holdings in Pimco Total Return ETF by 22.8% during the third quarter. AE Wealth Management LLC now owns 1,004,137 shares of the exchange traded fund’s stock worth $93,736,000 after buying an additional 186,462 shares in the last quarter. Clearstead Advisors LLC boosted its holdings in Pimco Total Return ETF by 9.4% during the third quarter. Clearstead Advisors LLC now owns 121,052 shares of the exchange traded fund’s stock worth $11,300,000 after buying an additional 10,443 shares in the last quarter. Parr Mcknight Wealth Management Group LLC boosted its holdings in Pimco Total Return ETF by 12.7% during the third quarter. Parr Mcknight Wealth Management Group LLC now owns 121,501 shares of the exchange traded fund’s stock worth $11,342,000 after buying an additional 13,667 shares in the last quarter. BCS Wealth Management boosted its holdings in Pimco Total Return ETF by 128.8% during the fourth quarter. BCS Wealth Management now owns 134,349 shares of the exchange traded fund’s stock worth $12,505,000 after buying an additional 75,635 shares in the last quarter. Finally, Tcfg Wealth Management LLC purchased a new stake in Pimco Total Return ETF during the third quarter worth $2,009,000.

Pimco Total Return ETF Stock Performance

Shares of NYSEARCA BOND opened at $91.45 on Friday. The company’s fifty day moving average price is $92.20 and its 200 day moving average price is $93.07. Pimco Total Return ETF has a 1 year low of $90.12 and a 1 year high of $94.68. The company has a market capitalization of $7.80 billion, a PE ratio of 1.60 and a beta of 0.28.

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.