Sagespring Wealth Partners LLC Increases Position in Pimco Total Return ETF $BOND

Sagespring Wealth Partners LLC raised its position in Pimco Total Return ETF (NYSEARCA:BOND) by 16.3% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 93,437 shares of the exchange traded fund’s stock after purchasing an additional 13,108 shares during the quarter. Sagespring Wealth Partners LLC owned 0.15% of Pimco Total Return ETF worth $8,613,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in BOND. Dynamic Advisor Solutions LLC grew its stake in shares of Pimco Total Return ETF by 12.6% in the first quarter. Dynamic Advisor Solutions LLC now owns 5,145 shares of the exchange traded fund’s stock worth $476,000 after acquiring an additional 576 shares in the last quarter. Janney Montgomery Scott LLC grew its stake in shares of Pimco Total Return ETF by 4.1% in the first quarter. Janney Montgomery Scott LLC now owns 29,691 shares of the exchange traded fund’s stock worth $2,746,000 after acquiring an additional 1,159 shares in the last quarter. Sowell Financial Services LLC grew its stake in shares of Pimco Total Return ETF by 14.7% in the first quarter. Sowell Financial Services LLC now owns 263,203 shares of the exchange traded fund’s stock worth $24,338,000 after acquiring an additional 33,694 shares in the last quarter. Strategic Advisors LLC grew its stake in shares of Pimco Total Return ETF by 2.7% in the first quarter. Strategic Advisors LLC now owns 39,942 shares of the exchange traded fund’s stock worth $3,693,000 after acquiring an additional 1,038 shares in the last quarter. Finally, Halbert Hargrove Global Advisors LLC grew its stake in shares of Pimco Total Return ETF by 3.5% in the first quarter. Halbert Hargrove Global Advisors LLC now owns 78,815 shares of the exchange traded fund’s stock worth $7,288,000 after acquiring an additional 2,686 shares in the last quarter.

Pimco Total Return ETF Stock Up 0.1%

NYSEARCA:BOND opened at $93.61 on Tuesday. The company has a fifty day simple moving average of $92.85 and a two-hundred day simple moving average of $91.72. The company has a market cap of $6.05 billion, a price-to-earnings ratio of 1.60 and a beta of 0.18. Pimco Total Return ETF has a 52 week low of $88.95 and a 52 week high of $94.14.

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.