Parallel Advisors LLC Sells 7,381 Shares of Pimco Total Return ETF (NYSEARCA:BOND)

Parallel Advisors LLC lessened its holdings in Pimco Total Return ETF (NYSEARCA:BOND) by 33.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 14,415 shares of the exchange traded fund’s stock after selling 7,381 shares during the quarter. Parallel Advisors LLC’s holdings in Pimco Total Return ETF were worth $1,303,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. CENTRAL TRUST Co acquired a new stake in Pimco Total Return ETF in the fourth quarter worth about $27,000. SYM FINANCIAL Corp boosted its holdings in Pimco Total Return ETF by 2,431.6% in the third 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 acquired a new stake in Pimco Total Return ETF in the fourth quarter worth about $62,000. EverSource Wealth Advisors LLC boosted its holdings in Pimco Total Return ETF by 50.1% in the fourth 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 Pimco Total Return ETF in the fourth quarter worth about $134,000.

Pimco Total Return ETF Stock Performance

Shares of NYSEARCA BOND opened at $92.08 on Wednesday. The company has a market cap of $5.45 billion, a PE ratio of 1.62 and a beta of 0.28. The business has a 50-day simple moving average of $91.20 and a two-hundred day simple moving average of $92.07. Pimco Total Return ETF has a fifty-two week low of $88.88 and a fifty-two week high of $95.32.

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.