Bank of New York Mellon Corp Buys 121,377 Shares of Pimco Total Return ETF (NYSEARCA:BOND)

Bank of New York Mellon Corp increased its position in Pimco Total Return ETF (NYSEARCA:BOND) by 79.3% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 274,491 shares of the exchange traded fund’s stock after acquiring an additional 121,377 shares during the quarter. Bank of New York Mellon Corp owned about 0.46% of Pimco Total Return ETF worth $25,382,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the stock. Strategic Blueprint LLC lifted its position in Pimco Total Return ETF by 18.2% in the first quarter. Strategic Blueprint LLC now owns 11,788 shares of the exchange traded fund’s stock worth $1,090,000 after buying an additional 1,813 shares during the last quarter. OneDigital Investment Advisors LLC lifted its position in Pimco Total Return ETF by 10.0% in the first quarter. OneDigital Investment Advisors LLC now owns 1,269,371 shares of the exchange traded fund’s stock worth $117,379,000 after buying an additional 115,135 shares during the last quarter. SimpliFi Inc. bought a new stake in Pimco Total Return ETF in the first quarter worth $18,959,000. Aviance Capital Partners LLC lifted its position in shares of Pimco Total Return ETF by 10.0% during the first quarter. Aviance Capital Partners LLC now owns 52,238 shares of the exchange traded fund’s stock worth $4,830,000 after purchasing an additional 4,756 shares during the last quarter. Finally, Mutual Advisors LLC bought a new stake in shares of Pimco Total Return ETF during the first quarter worth $15,882,000.

Pimco Total Return ETF Trading Up 0.2%

NYSEARCA:BOND opened at $91.01 on Thursday. Pimco Total Return ETF has a twelve month low of $88.95 and a twelve month high of $95.32. The company has a market cap of $5.60 billion, a price-to-earnings ratio of 1.60 and a beta of 0.18. The stock has a fifty day simple moving average of $90.94 and a 200-day simple moving average of $91.12.

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.