Smart Portfolios LLC Cuts Stock Holdings in Pimco Total Return ETF (NYSEARCA:BOND)

Smart Portfolios LLC lessened its holdings in shares of Pimco Total Return ETF (NYSEARCA:BOND) by 2.6% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 113,037 shares of the exchange traded fund’s stock after selling 3,047 shares during the quarter. Pimco Total Return ETF comprises approximately 10.7% of Smart Portfolios LLC’s holdings, making the stock its largest position. Smart Portfolios LLC owned approximately 0.25% of Pimco Total Return ETF worth $10,221,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of BOND. Raymond James Financial Inc. acquired a new stake in Pimco Total Return ETF during the 4th quarter worth about $81,947,000. LPL Financial LLC grew its holdings in shares of Pimco Total Return ETF by 40.7% during the 3rd quarter. LPL Financial LLC now owns 1,273,677 shares of the exchange traded fund’s stock worth $120,503,000 after purchasing an additional 368,354 shares in the last quarter. Sanctuary Advisors LLC boosted its stake in Pimco Total Return ETF by 1,646.8% in the 3rd quarter. Sanctuary Advisors LLC now owns 347,900 shares of the exchange traded fund’s stock valued at $31,822,000 after buying an additional 327,984 shares in the last quarter. Christian Investment Advisors Inc. bought a new position in Pimco Total Return ETF in the 4th quarter valued at $20,043,000. Finally, OneDigital Investment Advisors LLC raised its position in Pimco Total Return ETF by 22.4% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 1,024,870 shares of the exchange traded fund’s stock valued at $96,963,000 after purchasing an additional 187,822 shares during the last quarter.

Pimco Total Return ETF Trading Down 0.4 %

NYSEARCA BOND opened at $92.03 on Wednesday. The stock has a 50-day simple moving average of $91.04 and a 200 day simple moving average of $92.14. The company has a market capitalization of $5.42 billion, a PE ratio of 1.64 and a beta of 0.26. Pimco Total Return ETF has a 12 month low of $88.88 and a 12 month high of $95.32.

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.