Exchange Traded Concepts LLC Invests $20.94 Million in Pimco Total Return ETF $BOND

Exchange Traded Concepts LLC purchased a new position in shares of Pimco Total Return ETF (NYSEARCA:BOND) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 227,149 shares of the exchange traded fund’s stock, valued at approximately $20,939,000. Exchange Traded Concepts LLC owned about 0.37% of Pimco Total Return ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Ameriprise Financial Inc. grew its holdings in shares of Pimco Total Return ETF by 94.7% during the fourth quarter. Ameriprise Financial Inc. now owns 13,243 shares of the exchange traded fund’s stock worth $1,197,000 after purchasing an additional 6,442 shares during the last quarter. Millennium Management LLC bought a new stake in shares of Pimco Total Return ETF during the fourth quarter worth about $671,000. Cary Street Partners Financial LLC grew its holdings in shares of Pimco Total Return ETF by 21.3% during the first quarter. Cary Street Partners Financial LLC now owns 4,074 shares of the exchange traded fund’s stock worth $377,000 after purchasing an additional 714 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in shares of Pimco Total Return ETF by 79.3% during the first quarter. Bank of New York Mellon Corp now owns 274,491 shares of the exchange traded fund’s stock worth $25,382,000 after purchasing an additional 121,377 shares during the last quarter. Finally, Oppenheimer & Co. Inc. boosted its holdings in Pimco Total Return ETF by 30.3% in the first quarter. Oppenheimer & Co. Inc. now owns 8,161 shares of the exchange traded fund’s stock valued at $755,000 after acquiring an additional 1,896 shares during the last quarter.

Pimco Total Return ETF Price Performance

Shares of BOND stock opened at $93.67 on Thursday. Pimco Total Return ETF has a one year low of $88.95 and a one year high of $95.19. The business’s 50 day simple moving average is $92.19 and its 200 day simple moving average is $91.58. The stock has a market capitalization of $5.79 billion, a PE ratio of 1.60 and a beta of 0.18.

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.