Steph & Co. Cuts Stock Position in Pimco Total Return ETF $BOND

Steph & Co. reduced its stake in Pimco Total Return ETF (NYSEARCA:BOND) by 14.4% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 114,755 shares of the exchange traded fund’s stock after selling 19,276 shares during the period. Pimco Total Return ETF accounts for 3.0% of Steph & Co.’s holdings, making the stock its 7th biggest holding. Steph & Co. owned 0.14% of Pimco Total Return ETF worth $10,590,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the stock. Eagle Bay Advisors LLC acquired a new stake in shares of Pimco Total Return ETF in the 4th quarter valued at about $27,000. Register Financial Advisors LLC raised its stake in Pimco Total Return ETF by 129.7% during the 4th quarter. Register Financial Advisors LLC now owns 510 shares of the exchange traded fund’s stock worth $47,000 after buying an additional 288 shares during the period. Evolution Wealth Management Inc. acquired a new position in Pimco Total Return ETF during the 4th quarter worth approximately $57,000. Redwood Park Advisors LLC bought a new position in Pimco Total Return ETF in the fourth quarter worth approximately $75,000. Finally, IFC & Insurance Marketing Inc. bought a new position in Pimco Total Return ETF in the fourth quarter worth approximately $82,000.

Pimco Total Return ETF Stock Performance

Shares of Pimco Total Return ETF stock opened at $91.90 on Wednesday. Pimco Total Return ETF has a 52 week low of $90.52 and a 52 week high of $94.68. The stock has a 50 day moving average price of $91.99 and a two-hundred day moving average price of $92.79. The stock has a market capitalization of $7.84 billion, a PE ratio of 1.60 and a beta of 0.27.

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. BOND was launched on Mar 1, 2012 and is managed by PIMCO.