Parallel Advisors LLC Trims Holdings in Pimco Total Return ETF (NYSEARCA:BOND)

Parallel Advisors LLC trimmed its position in Pimco Total Return ETF (NYSEARCA:BOND) by 33.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 14,415 shares of the exchange traded fund’s stock after selling 7,381 shares during the quarter. Parallel Advisors LLC’s holdings in Pimco Total Return ETF were worth $1,303,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. CENTRAL TRUST Co purchased a new position in shares of Pimco Total Return ETF in the fourth quarter worth about $27,000. SYM FINANCIAL Corp raised its position in Pimco Total Return ETF by 2,431.6% during 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 in the last quarter. Venturi Wealth Management LLC purchased a new position in Pimco Total Return ETF during the fourth quarter valued at approximately $62,000. EverSource Wealth Advisors LLC raised its position in Pimco Total Return ETF by 50.1% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,030 shares of the exchange traded fund’s stock valued at $93,000 after acquiring an additional 344 shares in the last quarter. Finally, Kestra Investment Management LLC purchased a new position in Pimco Total Return ETF during the fourth quarter valued at approximately $134,000.

Pimco Total Return ETF Trading Up 0.1 %

Shares of BOND stock opened at $92.08 on Wednesday. The stock has a 50 day moving average of $91.20 and a 200 day moving average of $92.07. The stock has a market cap of $5.45 billion, a P/E ratio of 1.62 and a beta of 0.28. Pimco Total Return ETF has a twelve month low of $88.88 and a twelve 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.