30,148 Shares in Pimco Total Return ETF $BOND Acquired by Centerline Wealth Advisors LLC

Centerline Wealth Advisors LLC acquired a new stake in Pimco Total Return ETF (NYSE:BOND) in the 2nd quarter, HoldingsChannel.com reports. The fund acquired 30,148 shares of the exchange traded fund’s stock, valued at approximately $2,780,000. Pimco Total Return ETF accounts for about 0.9% of Centerline Wealth Advisors LLC’s portfolio, making the stock its 29th biggest position.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Morgan Stanley grew its stake in shares of Pimco Total Return ETF by 14.2% during the fourth quarter. Morgan Stanley now owns 3,380,670 shares of the exchange traded fund’s stock worth $314,673,000 after buying an additional 419,755 shares during the last quarter. LPL Financial LLC boosted its holdings in shares of Pimco Total Return ETF by 25.5% during the 4th quarter. LPL Financial LLC now owns 2,895,952 shares of the exchange traded fund’s stock valued at $269,555,000 after acquiring an additional 587,532 shares in the last quarter. Wells Fargo & Company MN boosted its holdings in shares of Pimco Total Return ETF by 23.8% during the 4th quarter. Wells Fargo & Company MN now owns 1,983,801 shares of the exchange traded fund’s stock valued at $184,652,000 after acquiring an additional 381,305 shares in the last quarter. Bank of America Corp DE grew its position in Pimco Total Return ETF by 11.8% during the 1st quarter. Bank of America Corp DE now owns 1,625,567 shares of the exchange traded fund’s stock worth $150,007,000 after acquiring an additional 171,674 shares during the last quarter. Finally, NewEdge Advisors LLC grew its position in Pimco Total Return ETF by 26.6% during the 1st quarter. NewEdge Advisors LLC now owns 1,336,231 shares of the exchange traded fund’s stock worth $123,307,000 after acquiring an additional 280,940 shares during the last quarter.

Pimco Total Return ETF Stock Down 0.1%

Shares of BOND opened at $89.98 on Wednesday. The stock has a market cap of $8.40 billion, a PE ratio of 1.60 and a beta of 0.27. Pimco Total Return ETF has a 12-month low of $89.71 and a 12-month high of $94.68. The business has a 50-day simple moving average of $90.80 and a two-hundred day simple moving average of $91.82.

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. BOND was launched on Mar 1, 2012 and is managed by PIMCO.