Alpha Cubed Investments LLC Sells 21,569 Shares of Pimco Total Return ETF (NYSEARCA:BOND)

Alpha Cubed Investments LLC cut its stake in shares of Pimco Total Return ETF (NYSEARCA:BOND) by 10.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 189,046 shares of the exchange traded fund’s stock after selling 21,569 shares during the quarter. Alpha Cubed Investments LLC’s holdings in Pimco Total Return ETF were worth $17,094,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of BOND. Koshinski Asset Management Inc. lifted its stake in Pimco Total Return ETF by 2.4% in the fourth quarter. Koshinski Asset Management Inc. now owns 30,154 shares of the exchange traded fund’s stock worth $2,727,000 after purchasing an additional 706 shares during the last quarter. Kaydan Wealth Management Inc. grew its position in shares of Pimco Total Return ETF by 86.8% in the 4th quarter. Kaydan Wealth Management Inc. now owns 6,854 shares of the exchange traded fund’s stock worth $620,000 after buying an additional 3,184 shares during the last quarter. Romano Brothers AND Company increased its stake in shares of Pimco Total Return ETF by 11.9% during the fourth quarter. Romano Brothers AND Company now owns 9,300 shares of the exchange traded fund’s stock valued at $841,000 after buying an additional 990 shares during the period. Taylor & Morgan Wealth Management LLC bought a new position in shares of Pimco Total Return ETF during the fourth quarter valued at approximately $1,950,000. Finally, Krilogy Financial LLC raised its holdings in shares of Pimco Total Return ETF by 2.2% during the fourth quarter. Krilogy Financial LLC now owns 13,027 shares of the exchange traded fund’s stock valued at $1,178,000 after acquiring an additional 279 shares in the last quarter.

Pimco Total Return ETF Stock Down 0.1 %

NYSEARCA:BOND opened at $90.35 on Tuesday. Pimco Total Return ETF has a twelve month low of $88.88 and a twelve month high of $95.32. The stock has a market cap of $4.16 billion, a P/E ratio of 1.59 and a beta of 0.18. The firm’s fifty day simple moving average is $91.14 and its 200 day simple moving average is $92.46.

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.