Pimco Total Return ETF $BOND Stock: Elevated Capital Advisors LLC Trims Stake

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

Other hedge funds have also modified their holdings of the company. Scarborough Advisors LLC boosted its holdings in shares of Pimco Total Return ETF by 102.0% in the 1st quarter. Scarborough Advisors LLC now owns 297 shares of the exchange traded fund’s stock valued at $27,000 after buying an additional 150 shares in the last quarter. Latitude Advisors LLC purchased a new position in shares of Pimco Total Return ETF in the 3rd quarter worth approximately $30,000. Beaird Harris Wealth Management LLC purchased a new position in shares of Pimco Total Return ETF in the 2nd quarter worth approximately $31,000. SYM FINANCIAL Corp bought a new position in shares of Pimco Total Return ETF during the 3rd quarter worth approximately $40,000. Finally, Cornerstone Planning Group LLC raised its stake in shares of Pimco Total Return ETF by 40.6% during the 1st quarter. Cornerstone Planning Group LLC now owns 447 shares of the exchange traded fund’s stock worth $41,000 after acquiring an additional 129 shares in the last quarter.

Pimco Total Return ETF Stock Down 0.9%

NYSE:BOND opened at $88.48 on Wednesday. Pimco Total Return ETF has a 52 week low of $86.11 and a 52 week high of $94.68. The firm has a 50 day moving average of $88.29 and a 200 day moving average of $91.16. The stock has a market capitalization of $9.11 billion, a price-to-earnings ratio of 1.60 and a beta of 0.28.

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. BOND was launched on Mar 1, 2012 and is managed by PIMCO.