Elevated Capital Advisors LLC Sells 23,217 Shares of Pimco Total Return ETF $BOND

Elevated Capital Advisors LLC lessened its holdings in Pimco Total Return ETF (NYSE:BOND) by 85.9% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 3,808 shares of the exchange traded fund’s stock after selling 23,217 shares during the period. Elevated Capital Advisors LLC’s holdings in Pimco Total Return ETF were worth $331,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of BOND. Bouchey Financial Group Ltd. purchased a new position in Pimco Total Return ETF during the second quarter valued at approximately $50,336,000. Legacy Private Trust Co. purchased a new stake in Pimco Total Return ETF during the third quarter worth $41,880,000. Commonwealth Equity Services LLC purchased a new stake in Pimco Total Return ETF during the third quarter worth $41,097,000. Eclectic Associates Inc. ADV purchased a new stake in Pimco Total Return ETF during the third quarter worth $40,405,000. Finally, Waverly Advisors LLC boosted its position in Pimco Total Return ETF by 59.5% during the 1st quarter. Waverly Advisors LLC now owns 1,022,276 shares of the exchange traded fund’s stock valued at $94,336,000 after acquiring an additional 381,386 shares in the last quarter.

Pimco Total Return ETF Trading Down 0.9%

Shares of NYSE BOND opened at $88.48 on Wednesday. The stock has a market capitalization of $9.11 billion, a PE ratio of 1.60 and a beta of 0.28. The stock’s fifty day simple moving average is $88.29 and its two-hundred day simple moving average is $91.16. Pimco Total Return ETF has a 12-month low of $86.11 and a 12-month high of $94.68.

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.