NewEdge Advisors LLC grew its holdings in shares of Pimco Total Return ETF (NYSE:BOND – Free Report) by 10.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,474,136 shares of the exchange traded fund’s stock after buying an additional 137,905 shares during the quarter. NewEdge Advisors LLC owned 1.58% of Pimco Total Return ETF worth $135,930,000 as of its most recent SEC filing.
A number of other hedge funds have also made changes to their positions in BOND. Morgan Stanley raised its holdings in Pimco Total Return ETF by 14.2% in the fourth quarter. Morgan Stanley now owns 3,380,670 shares of the exchange traded fund’s stock valued at $314,673,000 after acquiring an additional 419,755 shares in the last quarter. LPL Financial LLC boosted its stake in Pimco Total Return ETF by 25.5% during 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 acquiring an additional 587,532 shares during the last quarter. Wells Fargo & Company MN grew its holdings in Pimco Total Return ETF by 23.8% during the 4th quarter. Wells Fargo & Company MN now owns 1,983,801 shares of the exchange traded fund’s stock worth $184,652,000 after acquiring an additional 381,305 shares in the last quarter. Bank of America Corp DE grew its holdings in Pimco Total Return ETF by 11.8% during the 1st quarter. Bank of America Corp DE now owns 1,625,567 shares of the exchange traded fund’s stock worth $150,007,000 after acquiring an additional 171,674 shares in the last quarter. Finally, Waverly Advisors LLC increased its position in shares of Pimco Total Return ETF by 30.3% in the 2nd quarter. Waverly Advisors LLC now owns 1,332,448 shares of the exchange traded fund’s stock worth $122,865,000 after purchasing an additional 310,172 shares during the last quarter.
Pimco Total Return ETF Stock Performance
BOND opened at $89.98 on Wednesday. The company has a market capitalization of $8.40 billion, a P/E ratio of 1.60 and a beta of 0.27. The company has a 50-day moving average of $90.80 and a 200-day moving average of $91.82. Pimco Total Return ETF has a 1-year low of $89.71 and a 1-year 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.
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