Pimco Total Return ETF $BOND Shares Sold by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. lessened its stake in shares of Pimco Total Return ETF (NYSEARCA:BOND) by 74.5% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 21,647 shares of the exchange traded fund’s stock after selling 63,407 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Pimco Total Return ETF were worth $2,015,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Eagle Bay Advisors LLC acquired a new stake in shares of Pimco Total Return ETF during the 4th quarter valued at $27,000. Register Financial Advisors LLC raised its stake in Pimco Total Return ETF by 129.7% during the 4th quarter. Register Financial Advisors LLC now owns 510 shares of the exchange traded fund’s stock valued at $47,000 after purchasing an additional 288 shares during the period. Lodestone Wealth Management LLC acquired a new stake in Pimco Total Return ETF during the 4th quarter valued at $97,000. Colonial Trust Co SC acquired a new stake in Pimco Total Return ETF during the 3rd quarter valued at $103,000. Finally, Greykasell Wealth Strategies Inc. acquired a new stake in Pimco Total Return ETF during the 3rd quarter valued at $107,000.

Pimco Total Return ETF Stock Up 0.4%

Shares of NYSEARCA:BOND opened at $91.83 on Wednesday. The company’s fifty day moving average is $92.17 and its two-hundred day moving average is $93.05. Pimco Total Return ETF has a 12-month low of $90.25 and a 12-month high of $94.68. The company has a market cap of $7.83 billion, a P/E ratio of 1.60 and a beta of 0.28.

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.