Sowell Financial Services LLC Purchases New Shares in Pimco Total Return ETF $BOND

Sowell Financial Services LLC purchased a new stake in shares of Pimco Total Return ETF (NYSE:BOND) during the 3rd quarter, Holdings Channel reports. The institutional investor purchased 5,667 shares of the exchange traded fund’s stock, valued at approximately $493,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in BOND. Procyon Advisors LLC raised its holdings in Pimco Total Return ETF by 2.2% in the first quarter. Procyon Advisors LLC now owns 5,632 shares of the exchange traded fund’s stock worth $520,000 after purchasing an additional 122 shares in the last quarter. Cornerstone Planning Group LLC boosted its holdings in shares of Pimco Total Return ETF by 40.6% during the 1st quarter. Cornerstone Planning Group LLC now owns 447 shares of the exchange traded fund’s stock valued at $41,000 after buying an additional 129 shares in the last quarter. Scarborough Advisors LLC boosted its holdings in shares of Pimco Total Return ETF by 102.0% during the 1st quarter. Scarborough Advisors LLC now owns 297 shares of the exchange traded fund’s stock valued at $27,000 after buying an additional 150 shares in the last quarter. Signature Equity Partners LLC boosted its holdings in shares of Pimco Total Return ETF by 7.1% during the 1st quarter. Signature Equity Partners LLC now owns 2,824 shares of the exchange traded fund’s stock valued at $261,000 after buying an additional 187 shares in the last quarter. Finally, Avaii Wealth Management LLC grew its position in shares of Pimco Total Return ETF by 6.7% in the 3rd quarter. Avaii Wealth Management LLC now owns 3,444 shares of the exchange traded fund’s stock worth $298,000 after buying an additional 216 shares during the period.

Pimco Total Return ETF Stock Performance

Shares of BOND opened at $88.82 on Tuesday. The stock has a market cap of $8.84 billion, a PE ratio of 1.60 and a beta of 0.28. Pimco Total Return ETF has a fifty-two week low of $86.11 and a fifty-two week high of $94.68. The firm’s 50-day simple moving average is $88.50 and its two-hundred day simple moving average is $91.29.

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