Linscomb Wealth Inc. Raises Stock Holdings in Pimco Total Return ETF $BOND

Linscomb Wealth Inc. grew its stake in Pimco Total Return ETF (NYSEARCA:BOND) by 7.8% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 59,663 shares of the exchange traded fund’s stock after acquiring an additional 4,303 shares during the quarter. Linscomb Wealth Inc. owned about 0.10% of Pimco Total Return ETF worth $5,500,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. CWM LLC lifted its position in shares of Pimco Total Return ETF by 11.1% in the first quarter. CWM LLC now owns 4,154,795 shares of the exchange traded fund’s stock valued at $384,194,000 after acquiring an additional 415,209 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in shares of Pimco Total Return ETF by 54.0% in the first quarter. Envestnet Asset Management Inc. now owns 2,376,385 shares of the exchange traded fund’s stock valued at $219,744,000 after acquiring an additional 833,391 shares in the last quarter. LPL Financial LLC lifted its position in shares of Pimco Total Return ETF by 22.0% in the first quarter. LPL Financial LLC now owns 1,808,688 shares of the exchange traded fund’s stock valued at $167,249,000 after acquiring an additional 326,633 shares in the last quarter. OneDigital Investment Advisors LLC lifted its position in shares of Pimco Total Return ETF by 10.0% in the first quarter. OneDigital Investment Advisors LLC now owns 1,269,371 shares of the exchange traded fund’s stock valued at $117,379,000 after acquiring an additional 115,135 shares in the last quarter. Finally, NewEdge Advisors LLC lifted its position in shares of Pimco Total Return ETF by 36.4% in the first quarter. NewEdge Advisors LLC now owns 830,789 shares of the exchange traded fund’s stock valued at $76,823,000 after acquiring an additional 221,707 shares in the last quarter.

Pimco Total Return ETF Stock Down 0.2%

Shares of NYSEARCA:BOND opened at $93.87 on Friday. Pimco Total Return ETF has a 52-week low of $88.95 and a 52-week high of $94.56. The stock’s fifty day simple moving average is $93.38 and its 200-day simple moving average is $91.96. The company has a market capitalization of $6.28 billion, a P/E ratio of 1.60 and a beta of 0.27.

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.