Eclectic Associates Inc. ADV Acquires 464,481 Shares of Pimco Total Return ETF $BOND

Eclectic Associates Inc. ADV acquired a new position in shares of Pimco Total Return ETF (NYSE:BOND) during the third quarter, HoldingsChannel reports. The firm acquired 464,481 shares of the exchange traded fund’s stock, valued at approximately $40,405,000. Pimco Total Return ETF comprises 4.5% of Eclectic Associates Inc. ADV’s holdings, making the stock its 7th largest holding.

Several other institutional investors have also added to or reduced their stakes in BOND. Farther Finance Advisors LLC boosted its stake in Pimco Total Return ETF by 110.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 209,458 shares of the exchange traded fund’s stock worth $18,221,000 after purchasing an additional 109,794 shares during the period. Atwood & Palmer Inc. acquired a new stake in shares of Pimco Total Return ETF in the 3rd quarter valued at about $70,000. Avidian Wealth Enterprises LLC bought a new stake in shares of Pimco Total Return ETF in the third quarter valued at about $368,000. Steph & Co. boosted its position in shares of Pimco Total Return ETF by 12.7% during the third quarter. Steph & Co. now owns 137,499 shares of the exchange traded fund’s stock worth $11,961,000 after buying an additional 15,496 shares during the period. Finally, Cooper Financial Group grew its holdings in shares of Pimco Total Return ETF by 7.5% during the third quarter. Cooper Financial Group now owns 465,447 shares of the exchange traded fund’s stock worth $40,489,000 after buying an additional 32,347 shares in the last quarter.

Pimco Total Return ETF Stock Performance

Shares of Pimco Total Return ETF stock opened at $86.92 on Friday. The firm has a market cap of $8.52 billion, a PE ratio of 1.60 and a beta of 0.28. The business’s 50 day simple moving average is $89.36 and its 200 day simple moving average is $90.97. Pimco Total Return ETF has a 52-week low of $86.11 and a 52-week high of $94.68.

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.