Renaissance Technologies LLC Cuts Position in Pimco Total Return ETF $BOND

Renaissance Technologies LLC lowered its holdings in shares of Pimco Total Return ETF (NYSEARCA:BOND) by 72.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 8,500 shares of the exchange traded fund’s stock after selling 22,600 shares during the quarter. Renaissance Technologies LLC’s holdings in Pimco Total Return ETF were worth $784,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. Procyon Advisors LLC increased its position in shares of Pimco Total Return ETF by 2.2% in the first quarter. Procyon Advisors LLC now owns 5,632 shares of the exchange traded fund’s stock valued at $520,000 after buying an additional 122 shares in the last quarter. Beacon Financial Advisory LLC lifted its position in shares of Pimco Total Return ETF by 1.0% during the 4th quarter. Beacon Financial Advisory LLC now owns 12,659 shares of the exchange traded fund’s stock valued at $1,178,000 after buying an additional 129 shares in the last quarter. Founders Financial Securities LLC grew its stake in Pimco Total Return ETF by 3.9% in the 1st quarter. Founders Financial Securities LLC now owns 3,437 shares of the exchange traded fund’s stock valued at $318,000 after acquiring an additional 129 shares during the period. Cornerstone Planning Group LLC grew its stake in Pimco Total Return ETF by 40.6% in the 1st quarter. Cornerstone Planning Group LLC now owns 447 shares of the exchange traded fund’s stock valued at $41,000 after acquiring an additional 129 shares during the period. Finally, Barnes Wealth Management Group Inc grew its stake in Pimco Total Return ETF by 0.4% in the 3rd quarter. Barnes Wealth Management Group Inc now owns 34,098 shares of the exchange traded fund’s stock valued at $3,183,000 after acquiring an additional 129 shares during the period.

Pimco Total Return ETF Stock Performance

Shares of NYSEARCA BOND opened at $90.62 on Friday. The firm has a fifty day moving average of $91.33 and a 200 day moving average of $92.22. The firm has a market cap of $8.46 billion, a PE ratio of 1.60 and a beta of 0.27. Pimco Total Return ETF has a one year low of $90.25 and a one year 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.