Comerica Bank Increases Stock Holdings in Pimco Total Return ETF (NYSEARCA:BOND)

Comerica Bank raised its position in shares of Pimco Total Return ETF (NYSEARCA:BOND) by 43.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 42,608 shares of the exchange traded fund’s stock after purchasing an additional 12,875 shares during the quarter. Comerica Bank owned 0.09% of Pimco Total Return ETF worth $3,853,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of BOND. Essential Planning LLC. lifted its holdings in shares of Pimco Total Return ETF by 4,238.6% in the fourth quarter. Essential Planning LLC. now owns 1,894,380 shares of the exchange traded fund’s stock worth $174,453,000 after buying an additional 1,850,717 shares in the last quarter. Wells Fargo & Company MN boosted its holdings in shares of Pimco Total Return ETF by 2.0% during the 4th quarter. Wells Fargo & Company MN now owns 1,546,158 shares of the exchange traded fund’s stock valued at $139,804,000 after purchasing an additional 30,257 shares during the last quarter. LPL Financial LLC grew its position in shares of Pimco Total Return ETF by 16.4% during the fourth quarter. LPL Financial LLC now owns 1,482,055 shares of the exchange traded fund’s stock valued at $134,007,000 after purchasing an additional 208,378 shares in the last quarter. OneDigital Investment Advisors LLC increased its holdings in shares of Pimco Total Return ETF by 12.6% in the fourth quarter. OneDigital Investment Advisors LLC now owns 1,154,236 shares of the exchange traded fund’s stock worth $104,366,000 after purchasing an additional 129,366 shares during the last quarter. Finally, Raymond James Financial Inc. purchased a new stake in shares of Pimco Total Return ETF in the fourth quarter worth about $81,947,000.

Pimco Total Return ETF Price Performance

NYSEARCA:BOND opened at $90.97 on Wednesday. The company has a market cap of $5.48 billion, a price-to-earnings ratio of 1.60 and a beta of 0.27. Pimco Total Return ETF has a 1 year low of $88.95 and a 1 year high of $95.32. The stock’s 50 day simple moving average is $91.58 and its two-hundred day simple moving average is $91.38.

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.