Mather Group LLC. Cuts Stake in Pimco Total Return ETF (NYSEARCA:BOND)

Mather Group LLC. cut its holdings in Pimco Total Return ETF (NYSEARCA:BOND) by 37.2% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 7,816 shares of the exchange traded fund’s stock after selling 4,635 shares during the quarter. Mather Group LLC.’s holdings in Pimco Total Return ETF were worth $718,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in BOND. Geneos Wealth Management Inc. boosted its stake in shares of Pimco Total Return ETF by 3.2% during the first quarter. Geneos Wealth Management Inc. now owns 37,728 shares of the exchange traded fund’s stock valued at $3,466,000 after purchasing an additional 1,177 shares in the last quarter. Vicus Capital boosted its position in Pimco Total Return ETF by 5.3% during the 1st quarter. Vicus Capital now owns 119,202 shares of the exchange traded fund’s stock valued at $10,950,000 after acquiring an additional 6,002 shares in the last quarter. Kovack Advisors Inc. bought a new position in shares of Pimco Total Return ETF in the 1st quarter worth $935,000. EverSource Wealth Advisors LLC raised its holdings in Pimco Total Return ETF by 75.1% in the first quarter. EverSource Wealth Advisors LLC now owns 842 shares of the exchange traded fund’s stock worth $75,000 after purchasing an additional 361 shares in the last quarter. Finally, J.W. Cole Advisors Inc. increased its position in shares of Pimco Total Return ETF by 32.1% during the first quarter. J.W. Cole Advisors Inc. now owns 4,749 shares of the exchange traded fund’s stock worth $436,000 after purchasing an additional 1,155 shares in the last quarter.

Pimco Total Return ETF Price Performance

NYSEARCA:BOND traded down $0.10 during mid-day trading on Wednesday, hitting $93.15. The company’s stock had a trading volume of 160,574 shares, compared to its average volume of 248,828. The stock has a market cap of $4.28 billion, a price-to-earnings ratio of 1.59 and a beta of 0.18. Pimco Total Return ETF has a 1 year low of $85.10 and a 1 year high of $94.33. The business’s fifty day moving average is $91.59 and its two-hundred day moving average is $91.08.

Pimco Total Return ETF 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.