Valley National Advisers Inc. Has $9.66 Million Position in Pimco Total Return ETF (NYSEARCA:BOND)

Valley National Advisers Inc. cut its holdings in Pimco Total Return ETF (NYSEARCA:BOND) by 36.4% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 102,061 shares of the exchange traded fund’s stock after selling 58,404 shares during the quarter. Pimco Total Return ETF comprises approximately 1.7% of Valley National Advisers Inc.’s holdings, making the stock its 11th largest position. Valley National Advisers Inc. owned about 0.22% of Pimco Total Return ETF worth $9,655,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in BOND. Aviance Capital Partners LLC boosted its stake in shares of Pimco Total Return ETF by 1.6% during the 1st quarter. Aviance Capital Partners LLC now owns 48,464 shares of the exchange traded fund’s stock worth $4,452,000 after acquiring an additional 782 shares in the last quarter. Westside Investment Management Inc. lifted its holdings in Pimco Total Return ETF by 1.5% in the 1st quarter. Westside Investment Management Inc. now owns 13,651 shares of the exchange traded fund’s stock worth $1,249,000 after purchasing an additional 199 shares during the last quarter. Hudson Capital Management LLC boosted its position in Pimco Total Return ETF by 14.0% during the first quarter. Hudson Capital Management LLC now owns 294,572 shares of the exchange traded fund’s stock worth $27,059,000 after purchasing an additional 36,178 shares during the period. Kovack Advisors Inc. acquired a new position in Pimco Total Return ETF during the first quarter valued at approximately $935,000. Finally, Strategic Advisors LLC bought a new position in shares of Pimco Total Return ETF in the first quarter valued at approximately $4,133,000.

Pimco Total Return ETF Trading Down 0.2 %

NYSEARCA BOND opened at $92.10 on Friday. Pimco Total Return ETF has a 1 year low of $85.45 and a 1 year high of $95.32. The company has a fifty day simple moving average of $93.94 and a 200 day simple moving average of $92.12. The company has a market cap of $4.24 billion, a P/E ratio of 1.59 and a beta of 0.18.

Pimco Total Return ETF 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.