Pimco Total Return ETF $BOND is Tectonic Advisors LLC’s 2nd Largest Position

Tectonic Advisors LLC lessened its position in Pimco Total Return ETF (NYSEARCA:BOND) by 1.8% in the second quarter, HoldingsChannel reports. The firm owned 1,595,626 shares of the exchange traded fund’s stock after selling 28,876 shares during the quarter. Pimco Total Return ETF accounts for approximately 8.6% of Tectonic Advisors LLC’s holdings, making the stock its 2nd biggest holding. Tectonic Advisors LLC’s holdings in Pimco Total Return ETF were worth $147,085,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Clear Creek Financial Management LLC increased its position in Pimco Total Return ETF by 47.9% during the 2nd quarter. Clear Creek Financial Management LLC now owns 10,052 shares of the exchange traded fund’s stock valued at $927,000 after buying an additional 3,255 shares in the last quarter. Valmark Advisers Inc. increased its holdings in shares of Pimco Total Return ETF by 4.3% in the 2nd quarter. Valmark Advisers Inc. now owns 13,905 shares of the exchange traded fund’s stock worth $1,282,000 after purchasing an additional 575 shares in the last quarter. Secured Retirement Advisors LLC increased its holdings in shares of Pimco Total Return ETF by 10.1% in the 2nd quarter. Secured Retirement Advisors LLC now owns 59,986 shares of the exchange traded fund’s stock worth $5,530,000 after purchasing an additional 5,516 shares in the last quarter. Kingswood Wealth Advisors LLC boosted its stake in shares of Pimco Total Return ETF by 13.0% in the 2nd quarter. Kingswood Wealth Advisors LLC now owns 2,732 shares of the exchange traded fund’s stock worth $252,000 after buying an additional 315 shares during the last quarter. Finally, Valley National Advisers Inc. boosted its stake in shares of Pimco Total Return ETF by 4.3% in the 2nd quarter. Valley National Advisers Inc. now owns 114,524 shares of the exchange traded fund’s stock worth $10,556,000 after buying an additional 4,726 shares during the last quarter.

Pimco Total Return ETF Price Performance

BOND stock opened at $93.20 on Thursday. The company has a market cap of $5.95 billion, a P/E ratio of 1.60 and a beta of 0.18. Pimco Total Return ETF has a 1 year low of $88.95 and a 1 year high of $94.14. The stock’s fifty day moving average price is $92.76 and its 200-day moving average price is $91.69.

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.