Asset Allocation Strategies LLC Boosts Holdings in Pimco Total Return ETF $BOND

Asset Allocation Strategies LLC raised its position in Pimco Total Return ETF (NYSEARCA:BOND) by 59.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 54,833 shares of the exchange traded fund’s stock after acquiring an additional 20,389 shares during the period. Pimco Total Return ETF makes up approximately 1.0% of Asset Allocation Strategies LLC’s holdings, making the stock its 27th biggest holding. Asset Allocation Strategies LLC owned 0.09% of Pimco Total Return ETF worth $5,119,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Osaic Holdings Inc. lifted its holdings in shares of Pimco Total Return ETF by 1.9% during the 2nd quarter. Osaic Holdings Inc. now owns 1,717,084 shares of the exchange traded fund’s stock valued at $158,294,000 after purchasing an additional 32,728 shares during the last quarter. Bank of America Corp DE increased its position in Pimco Total Return ETF by 7.4% during the 2nd quarter. Bank of America Corp DE now owns 1,082,266 shares of the exchange traded fund’s stock valued at $99,763,000 after buying an additional 74,769 shares in the last quarter. NewEdge Advisors LLC increased its position in Pimco Total Return ETF by 6.7% during the 2nd quarter. NewEdge Advisors LLC now owns 886,349 shares of the exchange traded fund’s stock valued at $81,704,000 after buying an additional 55,560 shares in the last quarter. Great Valley Advisor Group Inc. purchased a new stake in Pimco Total Return ETF in the second quarter valued at about $81,620,000. Finally, AE Wealth Management LLC boosted its holdings in Pimco Total Return ETF by 26.6% in the second quarter. AE Wealth Management LLC now owns 817,675 shares of the exchange traded fund’s stock worth $75,373,000 after acquiring an additional 171,810 shares in the last quarter.

Pimco Total Return ETF Stock Performance

Shares of BOND stock opened at $93.27 on Thursday. Pimco Total Return ETF has a fifty-two week low of $88.95 and a fifty-two week high of $94.56. The firm has a market capitalization of $6.25 billion, a price-to-earnings ratio of 1.60 and a beta of 0.27. The stock’s 50-day simple moving average is $93.63 and its 200-day simple moving average is $92.61.

Pimco Total Return ETF 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.