Bank of Montreal Can Increases Position in Pimco Total Return ETF (NYSEARCA:BOND)

Bank of Montreal Can lifted its stake in Pimco Total Return ETF (NYSEARCA:BOND) by 9.5% in the 2nd quarter, HoldingsChannel reports. The fund owned 49,479 shares of the exchange traded fund’s stock after purchasing an additional 4,301 shares during the quarter. Bank of Montreal Can’s holdings in Pimco Total Return ETF were worth $4,536,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Mark Sheptoff Financial Planning LLC bought a new position in Pimco Total Return ETF in the first quarter worth about $30,000. Palisade Asset Management LLC bought a new position in shares of Pimco Total Return ETF during the 1st quarter worth approximately $49,000. Avion Wealth lifted its position in Pimco Total Return ETF by 28.1% during the second quarter. Avion Wealth now owns 753 shares of the exchange traded fund’s stock valued at $68,000 after acquiring an additional 165 shares during the last quarter. Trust Co. of Vermont acquired a new stake in Pimco Total Return ETF in the second quarter valued at approximately $71,000. Finally, EverSource Wealth Advisors LLC grew its holdings in Pimco Total Return ETF by 75.1% in the first quarter. EverSource Wealth Advisors LLC now owns 842 shares of the exchange traded fund’s stock worth $75,000 after purchasing an additional 361 shares during the last quarter.

Pimco Total Return ETF Trading Up 0.3 %

Shares of BOND stock opened at $94.50 on Wednesday. Pimco Total Return ETF has a 12-month low of $85.10 and a 12-month high of $95.32. The business’s fifty day simple moving average is $93.92 and its 200-day simple moving average is $91.89. The company has a market cap of $4.35 billion, a PE 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.