1620 Investment Advisors Inc. Sells 2,174 Shares of Pimco Total Return ETF (NYSEARCA:BOND)

1620 Investment Advisors Inc. lowered its stake in Pimco Total Return ETF (NYSEARCA:BOND) by 16.4% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 11,098 shares of the exchange traded fund’s stock after selling 2,174 shares during the quarter. Pimco Total Return ETF accounts for 0.8% of 1620 Investment Advisors Inc.’s portfolio, making the stock its 28th biggest position. 1620 Investment Advisors Inc.’s holdings in Pimco Total Return ETF were worth $1,050,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently made changes to their positions in BOND. Farther Finance Advisors LLC grew its holdings in Pimco Total Return ETF by 534.1% in the 2nd quarter. Farther Finance Advisors LLC now owns 20,971 shares of the exchange traded fund’s stock worth $1,888,000 after acquiring an additional 17,664 shares during the last quarter. Geneos Wealth Management Inc. grew its stake in shares of Pimco Total Return ETF by 3.2% in the first quarter. Geneos Wealth Management Inc. now owns 37,728 shares of the exchange traded fund’s stock worth $3,466,000 after purchasing an additional 1,177 shares during the last quarter. Envestnet Portfolio Solutions Inc. increased its holdings in Pimco Total Return ETF by 9.4% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 107,271 shares of the exchange traded fund’s stock valued at $9,770,000 after purchasing an additional 9,186 shares during the period. Kovack Advisors Inc. bought a new position in Pimco Total Return ETF during the 1st quarter valued at approximately $935,000. Finally, EverSource Wealth Advisors LLC lifted its holdings in Pimco Total Return ETF by 75.1% in the 1st quarter. EverSource Wealth Advisors LLC now owns 842 shares of the exchange traded fund’s stock worth $75,000 after buying an additional 361 shares during the period.

Pimco Total Return ETF Stock Performance

BOND opened at $91.96 on Thursday. The stock’s 50 day moving average price is $93.82 and its 200-day moving average price is $92.16. Pimco Total Return ETF has a 52-week low of $85.49 and a 52-week high of $95.32. The stock has a market capitalization of $4.23 billion, a PE 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.