Pimco Total Return ETF (NYSEARCA:BOND) Stake Lessened by GM Advisory Group LLC

GM Advisory Group LLC decreased its position in shares of Pimco Total Return ETF (NYSEARCA:BOND) by 4.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 99,904 shares of the exchange traded fund’s stock after selling 5,134 shares during the period. GM Advisory Group LLC’s holdings in Pimco Total Return ETF were worth $9,452,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in BOND. Asset Management Group Inc. increased its position in shares of Pimco Total Return ETF by 1.1% during the 3rd quarter. Asset Management Group Inc. now owns 14,537 shares of the exchange traded fund’s stock valued at $1,375,000 after purchasing an additional 164 shares during the period. L & S Advisors Inc boosted its stake in Pimco Total Return ETF by 1.9% during the third quarter. L & S Advisors Inc now owns 16,296 shares of the exchange traded fund’s stock valued at $1,542,000 after buying an additional 296 shares in the last quarter. LPL Financial LLC grew its holdings in Pimco Total Return ETF by 40.7% during the third quarter. LPL Financial LLC now owns 1,273,677 shares of the exchange traded fund’s stock worth $120,503,000 after acquiring an additional 368,354 shares during the period. Darwin Wealth Management LLC bought a new stake in Pimco Total Return ETF in the third quarter worth about $8,580,000. Finally, Retireful LLC acquired a new stake in Pimco Total Return ETF in the 3rd quarter valued at about $2,756,000.

Pimco Total Return ETF Price Performance

Shares of BOND opened at $91.38 on Friday. The firm’s 50 day moving average is $92.91 and its 200-day moving average is $92.37. Pimco Total Return ETF has a 12-month low of $88.70 and a 12-month high of $95.32. The stock has a market capitalization of $4.20 billion, a P/E ratio of 1.59 and a beta of 0.18.

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.