Bank of New York Mellon Corp Sells 115,676 Shares of Pimco Total Return ETF $BOND

Bank of New York Mellon Corp reduced its holdings in Pimco Total Return ETF (NYSEARCA:BOND) by 42.1% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 158,815 shares of the exchange traded fund’s stock after selling 115,676 shares during the quarter. Bank of New York Mellon Corp owned about 0.26% of Pimco Total Return ETF worth $14,640,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in BOND. Heirloom Wealth Management acquired a new stake in shares of Pimco Total Return ETF during the 2nd quarter worth approximately $40,768,000. CreativeOne Wealth LLC boosted its stake in Pimco Total Return ETF by 102.6% during the first quarter. CreativeOne Wealth LLC now owns 764,486 shares of the exchange traded fund’s stock worth $70,692,000 after acquiring an additional 387,218 shares in the last quarter. LPL Financial LLC boosted its stake in Pimco Total Return ETF by 22.0% during the first quarter. LPL Financial LLC now owns 1,808,688 shares of the exchange traded fund’s stock worth $167,249,000 after acquiring an additional 326,633 shares in the last quarter. Exchange Traded Concepts LLC acquired a new stake in Pimco Total Return ETF in the second quarter worth $20,939,000. Finally, NewEdge Advisors LLC increased its stake in Pimco Total Return ETF by 36.4% in the first quarter. NewEdge Advisors LLC now owns 830,789 shares of the exchange traded fund’s stock valued at $76,823,000 after purchasing an additional 221,707 shares in the last quarter.

Pimco Total Return ETF Trading Down 0.1%

Shares of NYSEARCA BOND opened at $93.22 on Tuesday. The firm has a market capitalization of $6.24 billion, a P/E ratio of 1.60 and a beta of 0.27. The firm’s 50-day moving average price is $93.60 and its 200-day moving average price is $92.18. Pimco Total Return ETF has a 1-year low of $88.95 and a 1-year high of $94.56.

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.