Concurrent Investment Advisors LLC Grows Holdings in Pimco Total Return ETF $BOND

Concurrent Investment Advisors LLC lifted its holdings in Pimco Total Return ETF (NYSEARCA:BOND) by 9.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 490,381 shares of the exchange traded fund’s stock after buying an additional 42,278 shares during the quarter. Pimco Total Return ETF makes up about 0.9% of Concurrent Investment Advisors LLC’s holdings, making the stock its 12th biggest holding. Concurrent Investment Advisors LLC owned 0.80% of Pimco Total Return ETF worth $45,203,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Envestnet Asset Management Inc. grew its position in Pimco Total Return ETF by 54.0% during the 1st quarter. Envestnet Asset Management Inc. now owns 2,376,385 shares of the exchange traded fund’s stock valued at $219,744,000 after purchasing an additional 833,391 shares during the last quarter. CWM LLC grew its position in Pimco Total Return ETF by 11.1% during the 1st quarter. CWM LLC now owns 4,154,795 shares of the exchange traded fund’s stock valued at $384,194,000 after purchasing an additional 415,209 shares during the last quarter. CreativeOne Wealth LLC grew its position in Pimco Total Return ETF by 102.6% during the 1st quarter. CreativeOne Wealth LLC now owns 764,486 shares of the exchange traded fund’s stock valued at $70,692,000 after purchasing an additional 387,218 shares during the last quarter. Vickerman Investment Advisors Inc. grew its position in Pimco Total Return ETF by 155.5% during the 1st quarter. Vickerman Investment Advisors Inc. now owns 610,904 shares of the exchange traded fund’s stock valued at $56,490,000 after purchasing an additional 371,786 shares during the last quarter. Finally, LPL Financial LLC grew its position in Pimco Total Return ETF by 22.0% during the 1st quarter. LPL Financial LLC now owns 1,808,688 shares of the exchange traded fund’s stock valued at $167,249,000 after purchasing an additional 326,633 shares during the last quarter.

Pimco Total Return ETF Stock Performance

Shares of BOND stock opened at $93.55 on Friday. Pimco Total Return ETF has a one year low of $88.95 and a one year high of $94.14. The company’s 50-day moving average is $92.82 and its 200 day moving average is $91.71. The company has a market capitalization of $6.02 billion, a price-to-earnings ratio of 1.60 and a beta of 0.18.

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.