Pimco Total Return ETF (NYSEARCA:BOND) Stake Reduced by Parallel Advisors LLC

Parallel Advisors LLC decreased its holdings in shares of Pimco Total Return ETF (NYSEARCA:BOND) by 11.3% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 26,227 shares of the exchange traded fund’s stock after selling 3,330 shares during the period. Parallel Advisors LLC’s holdings in Pimco Total Return ETF were worth $2,389,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Brasada Capital Management LP boosted its holdings in Pimco Total Return ETF by 0.8% during the second quarter. Brasada Capital Management LP now owns 16,030 shares of the exchange traded fund’s stock worth $1,473,000 after buying an additional 124 shares in the last quarter. Opal Wealth Advisors LLC boosted its stake in shares of Pimco Total Return ETF by 1.8% during the 2nd quarter. Opal Wealth Advisors LLC now owns 8,793 shares of the exchange traded fund’s stock worth $801,000 after acquiring an additional 159 shares in the last quarter. Continuum Advisory LLC grew its holdings in shares of Pimco Total Return ETF by 11.5% in the 2nd quarter. Continuum Advisory LLC now owns 1,594 shares of the exchange traded fund’s stock worth $145,000 after acquiring an additional 164 shares during the last quarter. Avion Wealth raised its position in shares of Pimco Total Return ETF by 28.1% during the second quarter. Avion Wealth now owns 753 shares of the exchange traded fund’s stock worth $68,000 after purchasing an additional 165 shares during the period. Finally, Procyon Advisors LLC lifted its holdings in shares of Pimco Total Return ETF by 1.5% during the first quarter. Procyon Advisors LLC now owns 11,610 shares of the exchange traded fund’s stock valued at $1,067,000 after purchasing an additional 176 shares during the last quarter.

Pimco Total Return ETF Trading Up 0.3 %

Shares of BOND opened at $95.05 on Friday. The business’s 50-day moving average price is $93.22 and its 200 day moving average price is $91.60. The stock has a market capitalization of $4.37 billion, a P/E ratio of 1.59 and a beta of 0.18. Pimco Total Return ETF has a 1-year low of $85.10 and a 1-year high of $95.09.

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.