140,493 Shares in Pimco Total Return ETF (NYSEARCA:BOND) Acquired by Independent Advisor Alliance

Independent Advisor Alliance bought a new position in Pimco Total Return ETF (NYSEARCA:BOND) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 140,493 shares of the exchange traded fund’s stock, valued at approximately $12,703,000. Independent Advisor Alliance owned approximately 0.31% of Pimco Total Return ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in BOND. JPMorgan Chase & Co. grew its holdings in Pimco Total Return ETF by 19.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 533,646 shares of the exchange traded fund’s stock valued at $50,488,000 after buying an additional 87,231 shares in the last quarter. Jane Street Group LLC grew its holdings in Pimco Total Return ETF by 726.8% during the 3rd quarter. Jane Street Group LLC now owns 24,846 shares of the exchange traded fund’s stock valued at $2,351,000 after buying an additional 21,841 shares in the last quarter. Principal Securities Inc. grew its holdings in Pimco Total Return ETF by 2.7% during the 4th quarter. Principal Securities Inc. now owns 8,988 shares of the exchange traded fund’s stock valued at $813,000 after buying an additional 234 shares in the last quarter. Park Avenue Securities LLC purchased a new stake in Pimco Total Return ETF during the 4th quarter valued at approximately $724,000. Finally, Traction Financial Partners LLC grew its holdings in Pimco Total Return ETF by 1.7% during the 3rd quarter. Traction Financial Partners LLC now owns 37,432 shares of the exchange traded fund’s stock valued at $3,541,000 after buying an additional 639 shares in the last quarter.

Pimco Total Return ETF Price Performance

Shares of BOND opened at $92.43 on Tuesday. Pimco Total Return ETF has a 1 year low of $88.88 and a 1 year high of $95.32. The company has a 50 day simple moving average of $91.01 and a two-hundred day simple moving average of $92.16. The firm has a market cap of $5.44 billion, a P/E ratio of 1.64 and a beta of 0.26.

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.