Fragasso Financial Advisors Inc Lowers Stock Holdings in Pimco Total Return ETF (NYSEARCA:BOND)

Fragasso Financial Advisors Inc lessened its holdings in Pimco Total Return ETF (NYSEARCA:BOND) by 12.6% during the fourth quarter, Holdings Channel.com reports. The firm owned 19,058 shares of the exchange traded fund’s stock after selling 2,744 shares during the quarter. Fragasso Financial Advisors Inc’s holdings in Pimco Total Return ETF were worth $1,723,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in the business. ACT Advisors LLC. boosted its holdings in Pimco Total Return ETF by 129.8% in the 4th quarter. ACT Advisors LLC. now owns 5,343 shares of the exchange traded fund’s stock valued at $483,000 after purchasing an additional 3,018 shares in the last quarter. Brookstone Capital Management boosted its holdings in Pimco Total Return ETF by 45.4% in the 4th quarter. Brookstone Capital Management now owns 103,634 shares of the exchange traded fund’s stock valued at $9,371,000 after purchasing an additional 32,348 shares in the last quarter. EWG Elevate Inc. boosted its holdings in Pimco Total Return ETF by 8.0% in the 4th quarter. EWG Elevate Inc. now owns 24,241 shares of the exchange traded fund’s stock valued at $2,192,000 after purchasing an additional 1,796 shares in the last quarter. ORG Partners LLC boosted its holdings in Pimco Total Return ETF by 3.6% in the 4th quarter. ORG Partners LLC now owns 6,729 shares of the exchange traded fund’s stock valued at $609,000 after purchasing an additional 236 shares in the last quarter. Finally, Legacy Private Trust Co. boosted its holdings in Pimco Total Return ETF by 9.0% in the 4th quarter. Legacy Private Trust Co. now owns 231,669 shares of the exchange traded fund’s stock valued at $20,948,000 after purchasing an additional 19,033 shares in the last quarter.

Pimco Total Return ETF Price Performance

Shares of BOND stock traded down $0.02 during midday trading on Monday, reaching $89.34. 123,021 shares of the company traded hands, compared to its average volume of 270,303. The firm’s 50 day simple moving average is $91.33 and its two-hundred day simple moving average is $92.50. Pimco Total Return ETF has a 1-year low of $88.88 and a 1-year high of $95.32. The firm has a market cap of $4.11 billion, a PE ratio of 1.59 and a beta of 0.18.

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.