Pimco Total Return ETF $BOND Stake Raised by SlateStone Wealth LLC

SlateStone Wealth LLC lifted its holdings in shares of Pimco Total Return ETF (NYSEARCA:BOND) by 21.7% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 44,733 shares of the exchange traded fund’s stock after acquiring an additional 7,978 shares during the period. SlateStone Wealth LLC’s holdings in Pimco Total Return ETF were worth $4,164,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in BOND. AQR Capital Management LLC boosted its position in shares of Pimco Total Return ETF by 7.6% during the first quarter. AQR Capital Management LLC now owns 7,486 shares of the exchange traded fund’s stock worth $692,000 after buying an additional 531 shares during the period. Goldman Sachs Group Inc. acquired a new position in shares of Pimco Total Return ETF during the first quarter worth approximately $9,122,000. Qube Research & Technologies Ltd acquired a new position in shares of Pimco Total Return ETF during the second quarter worth approximately $275,000. Darwin Wealth Management LLC acquired a new position in shares of Pimco Total Return ETF during the second quarter worth approximately $6,523,000. Finally, Jane Street Group LLC acquired a new position in shares of Pimco Total Return ETF during the second quarter worth approximately $19,860,000.

Pimco Total Return ETF Trading Up 0.2%

Shares of NYSEARCA BOND opened at $91.76 on Friday. The stock has a 50 day simple moving average of $92.10 and a 200-day simple moving average of $92.97. The company has a market cap of $7.82 billion, a PE ratio of 1.60 and a beta of 0.27. Pimco Total Return ETF has a 12-month low of $90.25 and a 12-month high of $94.68.

About Pimco Total Return ETF

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.