Prudent Investors Network Inc. Has $2.23 Million Stock Position in Pimco Total Return ETF $BOND

Prudent Investors Network Inc. decreased its position in Pimco Total Return ETF (NYSEARCA:BOND) by 28.0% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 23,970 shares of the exchange traded fund’s stock after selling 9,331 shares during the period. Pimco Total Return ETF comprises approximately 0.5% of Prudent Investors Network Inc.’s portfolio, making the stock its 20th largest position. Prudent Investors Network Inc.’s holdings in Pimco Total Return ETF were worth $2,231,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in BOND. Eagle Bay Advisors LLC acquired a new position in shares of Pimco Total Return ETF in the 4th quarter valued at $27,000. Register Financial Advisors LLC grew its holdings in shares of Pimco Total Return ETF by 129.7% in the 4th quarter. Register Financial Advisors LLC now owns 510 shares of the exchange traded fund’s stock valued at $47,000 after buying an additional 288 shares during the period. Lodestone Wealth Management LLC acquired a new position in shares of Pimco Total Return ETF in the 4th quarter valued at $97,000. Colonial Trust Co SC acquired a new position in shares of Pimco Total Return ETF in the 3rd quarter valued at $103,000. Finally, Greykasell Wealth Strategies Inc. acquired a new position in shares of Pimco Total Return ETF in the 3rd quarter valued at $107,000.

Pimco Total Return ETF Stock Down 0.7%

Shares of BOND stock opened at $91.11 on Friday. Pimco Total Return ETF has a 12-month low of $89.68 and a 12-month high of $94.68. The firm has a market capitalization of $7.77 billion, a price-to-earnings ratio of 1.60 and a beta of 0.28. The firm has a fifty day moving average of $92.41 and a 200-day moving average of $93.18.

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