Pimco Total Return ETF $BOND Stock Position Trimmed by Tectonic Advisors LLC

Tectonic Advisors LLC cut its position in Pimco Total Return ETF (NYSEARCA:BOND) by 1.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,595,626 shares of the exchange traded fund’s stock after selling 28,876 shares during the quarter. Pimco Total Return ETF comprises about 8.6% of Tectonic Advisors LLC’s holdings, making the stock its 2nd largest position. Tectonic Advisors LLC owned about 2.59% of Pimco Total Return ETF worth $147,085,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in BOND. Banque Transatlantique SA bought a new stake in shares of Pimco Total Return ETF during the 1st quarter valued at $36,000. SVB Wealth LLC bought a new stake in shares of Pimco Total Return ETF during the 1st quarter valued at $39,000. JFS Wealth Advisors LLC bought a new stake in shares of Pimco Total Return ETF during the 1st quarter valued at $54,000. Assetmark Inc. raised its stake in shares of Pimco Total Return ETF by 9,566.7% during the 1st quarter. Assetmark Inc. now owns 580 shares of the exchange traded fund’s stock valued at $54,000 after purchasing an additional 574 shares during the period. Finally, Maseco LLP bought a new stake in shares of Pimco Total Return ETF during the 2nd quarter valued at $60,000.

Pimco Total Return ETF Stock Performance

NYSEARCA:BOND opened at $93.20 on Thursday. Pimco Total Return ETF has a 52-week low of $88.95 and a 52-week high of $94.14. The firm has a market cap of $5.95 billion, a price-to-earnings ratio of 1.60 and a beta of 0.18. The business’s fifty day moving average is $92.76 and its 200 day moving average is $91.69.

Pimco Total Return ETF Company 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.