Pimco Total Return ETF $BOND Stock Position Lowered by Bank of Montreal Can

Bank of Montreal Can lowered its position in shares of Pimco Total Return ETF (NYSEARCA:BOND) by 7.7% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 50,376 shares of the exchange traded fund’s stock after selling 4,229 shares during the quarter. Bank of Montreal Can’s holdings in Pimco Total Return ETF were worth $4,644,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Heirloom Wealth Management acquired a new stake in Pimco Total Return ETF in the 2nd quarter valued at about $40,768,000. CreativeOne Wealth LLC boosted its position in shares of Pimco Total Return ETF by 102.6% during the 1st quarter. CreativeOne Wealth LLC now owns 764,486 shares of the exchange traded fund’s stock valued at $70,692,000 after purchasing an additional 387,218 shares in the last quarter. LPL Financial LLC grew its stake in shares of Pimco Total Return ETF by 22.0% in the 1st quarter. LPL Financial LLC now owns 1,808,688 shares of the exchange traded fund’s stock worth $167,249,000 after purchasing an additional 326,633 shares during the last quarter. Exchange Traded Concepts LLC bought a new stake in shares of Pimco Total Return ETF in the 2nd quarter worth approximately $20,939,000. Finally, NewEdge Advisors LLC raised its holdings in shares of Pimco Total Return ETF by 36.4% in the 1st quarter. NewEdge Advisors LLC now owns 830,789 shares of the exchange traded fund’s stock worth $76,823,000 after purchasing an additional 221,707 shares in the last quarter.

Pimco Total Return ETF Stock Performance

Shares of NYSEARCA:BOND opened at $93.68 on Wednesday. The stock has a market capitalization of $6.28 billion, a price-to-earnings ratio of 1.60 and a beta of 0.27. Pimco Total Return ETF has a 1-year low of $88.95 and a 1-year high of $94.56. The company has a 50 day moving average price of $93.56 and a 200 day moving average price of $92.14.

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.