Intelligence Driven Advisers LLC Sells 29,689 Shares of Pimco Total Return ETF (NYSEARCA:BOND)

Intelligence Driven Advisers LLC lessened its position in Pimco Total Return ETF (NYSEARCA:BOND) by 37.2% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 50,084 shares of the exchange traded fund’s stock after selling 29,689 shares during the period. Pimco Total Return ETF makes up about 0.9% of Intelligence Driven Advisers LLC’s investment portfolio, making the stock its 18th biggest holding. Intelligence Driven Advisers LLC’s holdings in Pimco Total Return ETF were worth $4,529,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in BOND. CENTRAL TRUST Co bought a new stake in shares of Pimco Total Return ETF in the 4th quarter valued at $27,000. SYM FINANCIAL Corp grew its stake in Pimco Total Return ETF by 2,431.6% in the third quarter. SYM FINANCIAL Corp now owns 481 shares of the exchange traded fund’s stock valued at $46,000 after acquiring an additional 462 shares during the period. Farmers & Merchants Investments Inc. increased its holdings in shares of Pimco Total Return ETF by 39.0% in the third quarter. Farmers & Merchants Investments Inc. now owns 1,172 shares of the exchange traded fund’s stock worth $111,000 after acquiring an additional 329 shares in the last quarter. Larson Financial Group LLC raised its position in shares of Pimco Total Return ETF by 13.6% during the third quarter. Larson Financial Group LLC now owns 1,794 shares of the exchange traded fund’s stock worth $170,000 after purchasing an additional 215 shares during the period. Finally, Evolution Wealth Advisors LLC bought a new position in shares of Pimco Total Return ETF during the 3rd quarter valued at about $206,000.

Pimco Total Return ETF Stock Performance

NYSEARCA BOND opened at $90.33 on Thursday. The stock has a market cap of $4.15 billion, a price-to-earnings ratio of 1.59 and a beta of 0.18. The business has a 50 day simple moving average of $90.82 and a 200 day simple moving average of $92.34. Pimco Total Return ETF has a 52-week low of $88.88 and a 52-week high of $95.32.

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.