Insight Wealth Partners LLC Reduces Position in Pimco Total Return ETF $BOND

Insight Wealth Partners LLC trimmed its holdings in Pimco Total Return ETF (NYSE:BOND) by 28.0% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 26,129 shares of the exchange traded fund’s stock after selling 10,186 shares during the period. Insight Wealth Partners LLC’s holdings in Pimco Total Return ETF were worth $2,409,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the business. Scarborough Advisors LLC lifted its stake in Pimco Total Return ETF by 102.0% during the 1st quarter. Scarborough Advisors LLC now owns 297 shares of the exchange traded fund’s stock valued at $27,000 after acquiring an additional 150 shares during the period. Beaird Harris Wealth Management LLC purchased a new stake in shares of Pimco Total Return ETF during the 2nd quarter valued at about $31,000. Cornerstone Planning Group LLC grew its stake in shares of Pimco Total Return ETF by 40.6% in the first quarter. Cornerstone Planning Group LLC now owns 447 shares of the exchange traded fund’s stock worth $41,000 after acquiring an additional 129 shares during the period. Allianz Asset Management GmbH grew its stake in shares of Pimco Total Return ETF by 55.2% in the second quarter. Allianz Asset Management GmbH now owns 610 shares of the exchange traded fund’s stock worth $56,000 after acquiring an additional 217 shares during the period. Finally, Evolution Wealth Management Inc. purchased a new position in shares of Pimco Total Return ETF during the fourth quarter valued at approximately $57,000.

Pimco Total Return ETF Stock Down 0.1%

Shares of Pimco Total Return ETF stock opened at $89.98 on Wednesday. The company has a market cap of $8.40 billion, a price-to-earnings ratio of 1.60 and a beta of 0.27. The company’s 50 day moving average is $90.80 and its 200 day moving average is $91.82. Pimco Total Return ETF has a twelve month low of $89.71 and a twelve month high of $94.68.

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.