AdvisorNet Financial Inc Acquires 42,071 Shares of Pimco Total Return ETF $BOND

AdvisorNet Financial Inc increased its stake in shares of Pimco Total Return ETF (NYSEARCA:BOND) by 35.4% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 161,029 shares of the exchange traded fund’s stock after acquiring an additional 42,071 shares during the quarter. AdvisorNet Financial Inc’s holdings in Pimco Total Return ETF were worth $14,860,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Koss Olinger Consulting LLC raised its stake in Pimco Total Return ETF by 100.5% during the fourth quarter. Koss Olinger Consulting LLC now owns 1,315,663 shares of the exchange traded fund’s stock valued at $122,462,000 after purchasing an additional 659,320 shares in the last quarter. LPL Financial LLC increased its holdings in shares of Pimco Total Return ETF by 25.5% in the 4th quarter. LPL Financial LLC now owns 2,895,952 shares of the exchange traded fund’s stock worth $269,555,000 after buying an additional 587,532 shares during the last quarter. AE Wealth Management LLC increased its holdings in shares of Pimco Total Return ETF by 47.6% in the 4th quarter. AE Wealth Management LLC now owns 1,482,067 shares of the exchange traded fund’s stock worth $137,951,000 after buying an additional 477,930 shares during the last quarter. Evolve Private Wealth LLC purchased a new stake in shares of Pimco Total Return ETF during the 4th quarter valued at about $43,614,000. Finally, Morgan Stanley raised its position in shares of Pimco Total Return ETF by 14.2% during the 4th quarter. Morgan Stanley now owns 3,380,670 shares of the exchange traded fund’s stock valued at $314,673,000 after buying an additional 419,755 shares in the last quarter.

Pimco Total Return ETF Trading Down 0.3%

Shares of NYSEARCA:BOND opened at $91.75 on Tuesday. Pimco Total Return ETF has a 12 month low of $90.52 and a 12 month high of $94.68. The company has a 50-day moving average price of $92.00 and a 200 day moving average price of $92.81. The company has a market cap of $7.82 billion, a price-to-earnings ratio of 1.60 and a beta of 0.27.

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. BOND was launched on Mar 1, 2012 and is managed by PIMCO.