Pimco Total Return ETF $BOND Stock: Tectonic Advisors LLC Boosts Position

Tectonic Advisors LLC lifted its stake in shares of Pimco Total Return ETF (NYSE:BOND) by 3.2% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,724,091 shares of the exchange traded fund’s stock after purchasing an additional 53,714 shares during the quarter. Pimco Total Return ETF comprises about 6.4% of Tectonic Advisors LLC’s investment portfolio, making the stock its 3rd largest position. Tectonic Advisors LLC owned approximately 1.76% of Pimco Total Return ETF worth $149,979,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Envestnet Asset Management Inc. lifted its position in shares of Pimco Total Return ETF by 13.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,955,221 shares of the exchange traded fund’s stock valued at $269,253,000 after acquiring an additional 340,777 shares during the period. Bank of America Corp DE grew its holdings in shares of Pimco Total Return ETF by 11.8% in 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 during the period. NewEdge Advisors LLC grew its holdings in shares of Pimco Total Return ETF by 10.3% in the 2nd quarter. NewEdge Advisors LLC now owns 1,474,136 shares of the exchange traded fund’s stock worth $135,930,000 after acquiring an additional 137,905 shares during the period. Waverly Advisors LLC grew its holdings 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 acquiring an additional 310,172 shares during the period. Finally, Cetera Investment Advisers increased its stake in Pimco Total Return ETF by 18.0% in the 1st quarter. Cetera Investment Advisers now owns 1,113,996 shares of the exchange traded fund’s stock valued at $102,800,000 after purchasing an additional 169,977 shares in the last quarter.

Pimco Total Return ETF Stock Down 0.2%

NYSE BOND traded down $0.18 during mid-day trading on Friday, hitting $88.51. The stock had a trading volume of 1,599,286 shares, compared to its average volume of 628,436. The company has a 50 day simple moving average of $88.71 and a 200 day simple moving average of $90.64. The company has a market cap of $8.67 billion, a price-to-earnings 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.

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.