Kovack Advisors Inc. Buys 875 Shares of Pimco Total Return ETF (NYSEARCA:BOND)

Kovack Advisors Inc. raised its stake in Pimco Total Return ETF (NYSEARCA:BOND) by 20.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 5,245 shares of the exchange traded fund’s stock after acquiring an additional 875 shares during the period. Kovack Advisors Inc.’s holdings in Pimco Total Return ETF were worth $474,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of BOND. Farther Finance Advisors LLC grew its stake in shares of Pimco Total Return ETF by 62.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 33,973 shares of the exchange traded fund’s stock worth $3,214,000 after buying an additional 13,002 shares in the last quarter. Janney Montgomery Scott LLC grew its stake in shares of Pimco Total Return ETF by 22.8% in the 3rd quarter. Janney Montgomery Scott LLC now owns 29,295 shares of the exchange traded fund’s stock worth $2,772,000 after buying an additional 5,447 shares in the last quarter. FSM Wealth Advisors LLC grew its stake in shares of Pimco Total Return ETF by 15.9% in the 3rd quarter. FSM Wealth Advisors LLC now owns 193,882 shares of the exchange traded fund’s stock worth $18,343,000 after buying an additional 26,570 shares in the last quarter. Moloney Securities Asset Management LLC grew its stake in shares of Pimco Total Return ETF by 10.3% in the 3rd quarter. Moloney Securities Asset Management LLC now owns 6,737 shares of the exchange traded fund’s stock worth $637,000 after buying an additional 629 shares in the last quarter. Finally, Cary Street Partners Asset Management LLC grew its stake in shares of Pimco Total Return ETF by 36.2% in the 3rd quarter. Cary Street Partners Asset Management LLC now owns 14,396 shares of the exchange traded fund’s stock worth $1,362,000 after buying an additional 3,823 shares in the last quarter.

Pimco Total Return ETF Stock Up 0.5 %

Shares of NYSEARCA:BOND opened at $92.90 on Friday. Pimco Total Return ETF has a 52 week low of $88.88 and a 52 week high of $95.32. The stock has a market capitalization of $5.47 billion, a P/E ratio of 1.64 and a beta of 0.26. The firm has a fifty day simple moving average of $90.81 and a two-hundred day simple moving average of $92.24.

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.