LPL Financial LLC Increases Stock Holdings in Pimco Total Return ETF $BOND

LPL Financial LLC lifted its position in Pimco Total Return ETF (NYSEARCA:BOND) by 25.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,895,952 shares of the exchange traded fund’s stock after buying an additional 587,532 shares during the quarter. LPL Financial LLC owned approximately 3.75% of Pimco Total Return ETF worth $269,555,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Eagle Bay Advisors LLC purchased a new stake in shares of Pimco Total Return ETF in the fourth quarter worth about $27,000. Register Financial Advisors LLC lifted its holdings in shares of Pimco Total Return ETF by 129.7% in the fourth 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 in the last quarter. Evolution Wealth Management Inc. purchased a new stake in shares of Pimco Total Return ETF in the fourth quarter worth about $57,000. Lodestone Wealth Management LLC purchased a new stake in shares of Pimco Total Return ETF in the fourth quarter worth about $97,000. Finally, Colonial Trust Co SC purchased a new stake in shares of Pimco Total Return ETF in the third quarter worth about $103,000.

Pimco Total Return ETF Trading Up 0.3%

Shares of Pimco Total Return ETF stock opened at $91.42 on Wednesday. The company’s 50-day moving average price is $92.07 and its 200-day moving average price is $92.92. The company has a market cap of $7.80 billion, a price-to-earnings ratio of 1.60 and a beta of 0.27. Pimco Total Return ETF has a 12-month low of $90.50 and a 12-month high of $94.68.

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.