Sowell Financial Services LLC Buys 5,667 Shares of Pimco Total Return ETF $BOND

Sowell Financial Services LLC purchased a new stake in shares of Pimco Total Return ETF (NYSE:BOND) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 5,667 shares of the exchange traded fund’s stock, valued at approximately $493,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Scarborough Advisors LLC grew its holdings in Pimco Total Return ETF by 102.0% in the 1st quarter. Scarborough Advisors LLC now owns 297 shares of the exchange traded fund’s stock worth $27,000 after acquiring an additional 150 shares during the last quarter. Beaird Harris Wealth Management LLC bought a new position in shares of Pimco Total Return ETF during the second quarter valued at about $31,000. Cornerstone Planning Group LLC raised its stake in shares of Pimco Total Return ETF by 40.6% during the first 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 last quarter. Allianz Asset Management GmbH raised its stake in shares of Pimco Total Return ETF by 55.2% during the second quarter. Allianz Asset Management GmbH now owns 610 shares of the exchange traded fund’s stock valued at $56,000 after acquiring an additional 217 shares during the last quarter. Finally, Bullock Wealth Management Group raised its stake in shares of Pimco Total Return ETF by 294.9% during the third quarter. Bullock Wealth Management Group now owns 699 shares of the exchange traded fund’s stock valued at $61,000 after acquiring an additional 522 shares during the last quarter.

Pimco Total Return ETF Trading Down 0.2%

Pimco Total Return ETF stock opened at $88.82 on Tuesday. The firm has a market cap of $8.84 billion, a P/E ratio of 1.60 and a beta of 0.28. Pimco Total Return ETF has a 1-year low of $86.11 and a 1-year high of $94.68. The firm has a 50-day moving average of $88.50 and a 200-day moving average of $91.29.

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.