RFG Advisory LLC Decreases Stock Position in Pimco Total Return ETF $BOND

RFG Advisory LLC trimmed its holdings in shares of Pimco Total Return ETF (NYSEARCA:BOND) by 52.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 209,352 shares of the exchange traded fund’s stock after selling 230,733 shares during the quarter. RFG Advisory LLC’s holdings in Pimco Total Return ETF were worth $19,298,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Banque Transatlantique SA purchased a new stake in shares of Pimco Total Return ETF during the 1st quarter valued at about $36,000. SVB Wealth LLC purchased a new stake in shares of Pimco Total Return ETF during the 1st quarter valued at about $39,000. JFS Wealth Advisors LLC purchased a new stake in shares of Pimco Total Return ETF during the 1st quarter valued at about $54,000. Assetmark Inc. raised its position in shares of Pimco Total Return ETF by 9,566.7% during the 1st quarter. Assetmark Inc. now owns 580 shares of the exchange traded fund’s stock valued at $54,000 after buying an additional 574 shares in the last quarter. Finally, Maseco LLP purchased a new stake in shares of Pimco Total Return ETF during the 2nd quarter valued at about $60,000.

Pimco Total Return ETF Trading Up 0.1%

Shares of NYSEARCA BOND opened at $93.61 on Tuesday. The firm’s 50-day moving average price is $92.85 and its 200-day moving average price is $91.72. The stock has a market capitalization of $6.05 billion, a price-to-earnings ratio of 1.60 and a beta of 0.18. Pimco Total Return ETF has a 12-month low of $88.95 and a 12-month high of $94.14.

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.