American Trust Acquires Shares of 6,832 Pimco Total Return ETF $BOND

American Trust bought a new position in shares of Pimco Total Return ETF (NYSEARCA:BOND) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 6,832 shares of the exchange traded fund’s stock, valued at approximately $630,000.

Other hedge funds have also modified their holdings of the company. Great Valley Advisor Group Inc. acquired a new position in Pimco Total Return ETF during the 2nd quarter worth $81,620,000. Heirloom Wealth Management acquired a new stake in shares of Pimco Total Return ETF in the 2nd quarter valued at $40,768,000. CreativeOne Wealth LLC raised its position in shares of Pimco Total Return ETF by 102.6% during the first quarter. CreativeOne Wealth LLC now owns 764,486 shares of the exchange traded fund’s stock worth $70,692,000 after acquiring an additional 387,218 shares during the last quarter. Exchange Traded Concepts LLC bought a new stake in shares of Pimco Total Return ETF during the second quarter worth $20,939,000. Finally, NewEdge Advisors LLC lifted its stake in shares of Pimco Total Return ETF by 36.4% during the first quarter. NewEdge Advisors LLC now owns 830,789 shares of the exchange traded fund’s stock valued at $76,823,000 after acquiring an additional 221,707 shares during the period.

Pimco Total Return ETF Stock Up 0.1%

Pimco Total Return ETF stock opened at $93.06 on Tuesday. The business’s 50-day simple moving average is $93.63 and its 200 day simple moving average is $92.59. The stock has a market cap of $6.23 billion, a price-to-earnings ratio of 1.60 and a beta of 0.27. Pimco Total Return ETF has a 12-month low of $88.95 and a 12-month high of $94.56.

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.