Patten & Patten Inc. TN boosted its position in Pimco Total Return ETF (NYSEARCA:BOND – Free Report) by 14.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 74,925 shares of the exchange traded fund’s stock after acquiring an additional 9,600 shares during the quarter. Patten & Patten Inc. TN owned 0.10% of Pimco Total Return ETF worth $6,974,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. AE Wealth Management LLC lifted its stake in shares of Pimco Total Return ETF by 47.6% during the fourth quarter. AE Wealth Management LLC now owns 1,482,067 shares of the exchange traded fund’s stock worth $137,951,000 after purchasing an additional 477,930 shares in the last quarter. Thrivent Financial for Lutherans lifted its stake in shares of Pimco Total Return ETF by 1,785.4% during the third quarter. Thrivent Financial for Lutherans now owns 345,520 shares of the exchange traded fund’s stock worth $32,254,000 after purchasing an additional 327,194 shares in the last quarter. Jane Street Group LLC acquired a new position in shares of Pimco Total Return ETF during the second quarter worth about $19,860,000. First Commonwealth Financial Corp PA acquired a new position in shares of Pimco Total Return ETF during the third quarter worth about $17,092,000. Finally, CWM LLC lifted its stake in shares of Pimco Total Return ETF by 4.5% during the fourth quarter. CWM LLC now owns 4,149,576 shares of the exchange traded fund’s stock worth $386,243,000 after purchasing an additional 177,815 shares in the last quarter.
Pimco Total Return ETF Price Performance
Shares of BOND opened at $92.32 on Friday. The stock’s 50-day moving average is $92.68 and its two-hundred day moving average is $93.28. The stock has a market cap of $7.87 billion, a PE ratio of 1.60 and a beta of 0.28. Pimco Total Return ETF has a 12 month low of $89.68 and a 12 month 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.
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