Envestnet Portfolio Solutions Inc. Grows Position in Pimco Total Return ETF $BOND

Envestnet Portfolio Solutions Inc. lifted its holdings in shares of Pimco Total Return ETF (NYSEARCA:BOND) by 4.0% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 194,546 shares of the exchange traded fund’s stock after acquiring an additional 7,489 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in Pimco Total Return ETF were worth $18,108,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of BOND. Eagle Bay Advisors LLC purchased a new position in Pimco Total Return ETF in the fourth quarter worth about $27,000. Register Financial Advisors LLC boosted its position in Pimco Total Return ETF by 129.7% in the fourth quarter. Register Financial Advisors LLC now owns 510 shares of the exchange traded fund’s stock worth $47,000 after purchasing an additional 288 shares during the last quarter. Lodestone Wealth Management LLC purchased a new position in Pimco Total Return ETF in the fourth quarter worth about $97,000. Colonial Trust Co SC purchased a new position in Pimco Total Return ETF in the third quarter worth about $103,000. Finally, Greykasell Wealth Strategies Inc. purchased a new position in Pimco Total Return ETF in the third quarter worth about $107,000.

Pimco Total Return ETF Stock Performance

Shares of NYSEARCA:BOND opened at $90.64 on Wednesday. The stock has a market capitalization of $7.73 billion, a price-to-earnings ratio of 1.60 and a beta of 0.28. The stock’s 50-day simple moving average is $92.31 and its two-hundred day simple moving average is $93.12. Pimco Total Return ETF has a 52-week low of $89.68 and a 52-week high of $94.68.

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.