Evolve Private Wealth LLC purchased a new stake in shares of Pimco Total Return ETF (NYSEARCA:BOND – Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 466,565 shares of the exchange traded fund’s stock, valued at approximately $43,614,000. Pimco Total Return ETF accounts for 2.6% of Evolve Private Wealth LLC’s portfolio, making the stock its 6th biggest holding. Evolve Private Wealth LLC owned 0.60% of Pimco Total Return ETF as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. CWM LLC raised its stake in Pimco Total Return ETF by 4.5% during the 4th quarter. CWM LLC now owns 4,149,576 shares of the exchange traded fund’s stock valued at $386,243,000 after purchasing an additional 177,815 shares during the period. Morgan Stanley boosted its position in shares of Pimco Total Return ETF by 14.2% in the fourth quarter. Morgan Stanley now owns 3,380,670 shares of the exchange traded fund’s stock worth $314,673,000 after buying an additional 419,755 shares during the period. LPL Financial LLC grew its holdings in shares of Pimco Total Return ETF by 25.5% during the fourth quarter. LPL Financial LLC now owns 2,895,952 shares of the exchange traded fund’s stock valued at $269,555,000 after buying an additional 587,532 shares in the last quarter. Wells Fargo & Company MN raised its position in Pimco Total Return ETF by 23.8% during the fourth quarter. Wells Fargo & Company MN now owns 1,983,801 shares of the exchange traded fund’s stock valued at $184,652,000 after buying an additional 381,305 shares during the period. Finally, Tectonic Advisors LLC raised its position in Pimco Total Return ETF by 0.8% during the fourth quarter. Tectonic Advisors LLC now owns 1,586,589 shares of the exchange traded fund’s stock valued at $147,680,000 after buying an additional 12,520 shares during the period.
Pimco Total Return ETF Trading Down 0.5%
Shares of NYSEARCA BOND opened at $91.73 on Thursday. Pimco Total Return ETF has a one year low of $90.52 and a one year high of $94.68. The firm has a market capitalization of $7.82 billion, a PE ratio of 1.60 and a beta of 0.27. The business has a 50-day moving average price of $92.03 and a two-hundred day moving average price of $92.84.
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. BOND was launched on Mar 1, 2012 and is managed by PIMCO.
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