Pimco Total Return ETF (NYSEARCA:BOND) Shares Sold by Traction Financial Partners LLC

Traction Financial Partners LLC cut its stake in Pimco Total Return ETF (NYSEARCA:BOND) by 2.1% in the first quarter, HoldingsChannel reports. The fund owned 39,590 shares of the exchange traded fund’s stock after selling 858 shares during the period. Pimco Total Return ETF accounts for approximately 2.9% of Traction Financial Partners LLC’s investment portfolio, making the stock its 12th largest holding. Traction Financial Partners LLC’s holdings in Pimco Total Return ETF were worth $3,661,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Transce3nd LLC purchased a new stake in shares of Pimco Total Return ETF in the fourth quarter valued at approximately $28,000. Venturi Wealth Management LLC purchased a new stake in shares of Pimco Total Return ETF in the fourth quarter valued at approximately $62,000. EverSource Wealth Advisors LLC increased its position in shares of 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 valued at $93,000 after buying an additional 344 shares in the last quarter. Kestra Investment Management LLC purchased a new stake in shares of Pimco Total Return ETF in the fourth quarter valued at approximately $134,000. Finally, Capital Advisors Ltd. LLC increased its position in shares of Pimco Total Return ETF by 73.0% in the fourth quarter. Capital Advisors Ltd. LLC now owns 1,903 shares of the exchange traded fund’s stock valued at $172,000 after buying an additional 803 shares in the last quarter.

Pimco Total Return ETF Price Performance

Pimco Total Return ETF stock opened at $90.59 on Wednesday. The stock has a market capitalization of $5.53 billion, a PE ratio of 1.60 and a beta of 0.26. Pimco Total Return ETF has a 12 month low of $88.95 and a 12 month high of $95.32. The business has a 50 day simple moving average of $90.74 and a 200-day simple moving average of $91.18.

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.