IFG Advisory LLC increased its holdings in shares of Pimco Total Return ETF (NYSE:BOND – Free Report) by 69.1% in the 3rd quarter, Holdings Channel.com reports. The firm owned 169,305 shares of the exchange traded fund’s stock after acquiring an additional 69,205 shares during the quarter. IFG Advisory LLC’s holdings in Pimco Total Return ETF were worth $14,728,000 as of its most recent filing with the SEC.
Several other large investors have also made changes to their positions in the business. Envestnet Asset Management Inc. boosted its stake in Pimco Total Return ETF by 13.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,955,221 shares of the exchange traded fund’s stock valued at $269,253,000 after purchasing an additional 340,777 shares during the period. Tectonic Advisors LLC increased its position in Pimco Total Return ETF by 3.2% in the 3rd quarter. Tectonic Advisors LLC now owns 1,724,091 shares of the exchange traded fund’s stock worth $149,979,000 after buying an additional 53,714 shares during the period. Bank of America Corp DE increased its position in Pimco Total Return ETF by 11.8% in the 1st quarter. Bank of America Corp DE now owns 1,625,567 shares of the exchange traded fund’s stock worth $150,007,000 after buying an additional 171,674 shares during the period. NewEdge Advisors LLC lifted its holdings in shares of Pimco Total Return ETF by 10.3% during the second quarter. NewEdge Advisors LLC now owns 1,474,136 shares of the exchange traded fund’s stock worth $135,930,000 after buying an additional 137,905 shares during the last quarter. Finally, Waverly Advisors LLC lifted its holdings in shares of Pimco Total Return ETF by 30.3% during the second quarter. Waverly Advisors LLC now owns 1,332,448 shares of the exchange traded fund’s stock worth $122,865,000 after buying an additional 310,172 shares during the last quarter.
Pimco Total Return ETF Stock Down 0.2%
Shares of BOND stock traded down $0.18 during trading hours on Friday, reaching $87.51. 1,059,913 shares of the company’s stock were exchanged, compared to its average volume of 665,976. Pimco Total Return ETF has a fifty-two week low of $86.11 and a fifty-two week high of $94.68. The stock has a market capitalization of $9.05 billion, a P/E ratio of 1.60 and a beta of 0.28. The business has a fifty day moving average price of $88.16 and a 200-day moving average price of $91.07.
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.
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