Pimco Total Return ETF (NYSEARCA:BOND) Shares Purchased by Sowell Financial Services LLC

Sowell Financial Services LLC boosted its holdings in Pimco Total Return ETF (NYSEARCA:BOND) by 98.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 229,509 shares of the exchange traded fund’s stock after acquiring an additional 114,037 shares during the period. Pimco Total Return ETF accounts for about 1.1% of Sowell Financial Services LLC’s investment portfolio, making the stock its 13th largest position. Sowell Financial Services LLC owned about 0.50% of Pimco Total Return ETF worth $20,752,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the business. PNC Financial Services Group Inc. grew its stake in Pimco Total Return ETF by 12.2% in the 4th quarter. PNC Financial Services Group Inc. now owns 158,871 shares of the exchange traded fund’s stock valued at $14,365,000 after acquiring an additional 17,293 shares during the last quarter. Aviance Capital Partners LLC boosted its stake in shares of Pimco Total Return ETF by 3.8% during the 4th quarter. Aviance Capital Partners LLC now owns 47,482 shares of the exchange traded fund’s stock worth $4,293,000 after purchasing an additional 1,736 shares during the last quarter. Novus Advisors LLC acquired a new stake in shares of Pimco Total Return ETF during the 4th quarter worth about $394,000. Destination Wealth Management boosted its stake in shares of Pimco Total Return ETF by 0.9% during the 4th quarter. Destination Wealth Management now owns 93,677 shares of the exchange traded fund’s stock worth $8,470,000 after purchasing an additional 809 shares during the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in shares of Pimco Total Return ETF during the 4th quarter worth about $81,947,000.

Pimco Total Return ETF Price Performance

Pimco Total Return ETF stock opened at $91.97 on Friday. The stock has a market capitalization of $5.42 billion, a P/E ratio of 1.64 and a beta of 0.26. Pimco Total Return ETF has a 12-month low of $88.88 and a 12-month high of $95.32. The firm’s 50-day moving average is $90.98 and its two-hundred day moving average is $92.18.

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.