Smart Portfolios LLC Lowers Stock Holdings in Pimco Total Return ETF (NYSEARCA:BOND)

Smart Portfolios LLC lowered its stake in shares of Pimco Total Return ETF (NYSEARCA:BOND) by 2.6% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 113,037 shares of the exchange traded fund’s stock after selling 3,047 shares during the quarter. Pimco Total Return ETF accounts for about 10.7% of Smart Portfolios LLC’s investment portfolio, making the stock its largest holding. Smart Portfolios LLC’s holdings in Pimco Total Return ETF were worth $10,221,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in the stock. CENTRAL TRUST Co bought a new position in Pimco Total Return ETF during the 4th quarter worth $27,000. SYM FINANCIAL Corp raised its position in shares of Pimco Total Return ETF by 2,431.6% in the 3rd quarter. SYM FINANCIAL Corp now owns 481 shares of the exchange traded fund’s stock worth $46,000 after acquiring an additional 462 shares in the last quarter. Venturi Wealth Management LLC bought a new position in shares of Pimco Total Return ETF in the 4th quarter worth about $62,000. EverSource Wealth Advisors LLC raised its position in shares of Pimco Total Return ETF by 50.1% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,030 shares of the exchange traded fund’s stock worth $93,000 after acquiring an additional 344 shares in the last quarter. Finally, Kestra Investment Management LLC acquired a new stake in shares of Pimco Total Return ETF in the 4th quarter valued at about $134,000.

Pimco Total Return ETF Stock Performance

BOND stock opened at $92.03 on Wednesday. Pimco Total Return ETF has a 52-week low of $88.88 and a 52-week high of $95.32. The business has a 50-day simple moving average of $91.04 and a two-hundred day simple moving average of $92.14. The company 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 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.