Composition Wealth LLC Trims Stock Holdings in Pimco Total Return ETF $BOND

Composition Wealth LLC reduced its stake in Pimco Total Return ETF (NYSEARCA:BOND) by 12.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 43,812 shares of the exchange traded fund’s stock after selling 6,106 shares during the period. Composition Wealth LLC’s holdings in Pimco Total Return ETF were worth $4,078,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Eagle Bay Advisors LLC purchased a new stake in Pimco Total Return ETF in the 4th quarter valued at about $27,000. Register Financial Advisors LLC raised its holdings in Pimco Total Return ETF by 129.7% in the 4th quarter. Register Financial Advisors LLC now owns 510 shares of the exchange traded fund’s stock valued at $47,000 after buying an additional 288 shares during the period. Lodestone Wealth Management LLC purchased a new stake in Pimco Total Return ETF in the 4th quarter valued at about $97,000. Colonial Trust Co SC purchased a new stake in Pimco Total Return ETF in the 3rd quarter valued at about $103,000. Finally, Greykasell Wealth Strategies Inc. purchased a new stake in Pimco Total Return ETF in the 3rd quarter valued at about $107,000.

Pimco Total Return ETF Trading Down 0.3%

Shares of BOND opened at $92.03 on Friday. The firm has a market cap of $7.85 billion, a P/E ratio of 1.60 and a beta of 0.28. The company’s 50-day moving average price is $92.81 and its 200 day moving average price is $93.32. Pimco Total Return ETF has a 12-month low of $89.68 and a 12-month high of $94.68.

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.