Advisory Services & Investments LLC Trims Holdings in Pimco Total Return ETF (NYSEARCA:BOND)

Advisory Services & Investments LLC trimmed its position in Pimco Total Return ETF (NYSEARCA:BOND) by 17.5% during the first quarter, Holdings Channel.com reports. The firm owned 44,750 shares of the exchange traded fund’s stock after selling 9,504 shares during the period. Pimco Total Return ETF accounts for about 2.8% of Advisory Services & Investments LLC’s holdings, making the stock its 13th largest holding. Advisory Services & Investments LLC’s holdings in Pimco Total Return ETF were worth $4,111,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in BOND. Kwmg LLC lifted its holdings in Pimco Total Return ETF by 4.8% in the 1st quarter. Kwmg LLC now owns 119,289 shares of the exchange traded fund’s stock valued at $10,958,000 after purchasing an additional 5,440 shares in the last quarter. Brookstone Capital Management lifted its holdings in Pimco Total Return ETF by 21.8% in the 1st quarter. Brookstone Capital Management now owns 70,741 shares of the exchange traded fund’s stock valued at $6,498,000 after purchasing an additional 12,682 shares in the last quarter. Affiance Financial LLC lifted its holdings in Pimco Total Return ETF by 54.2% in the 1st quarter. Affiance Financial LLC now owns 28,282 shares of the exchange traded fund’s stock valued at $2,598,000 after purchasing an additional 9,942 shares in the last quarter. Procyon Advisors LLC lifted its holdings in Pimco Total Return ETF by 1.5% in the 1st quarter. Procyon Advisors LLC now owns 11,610 shares of the exchange traded fund’s stock valued at $1,067,000 after purchasing an additional 176 shares in the last quarter. Finally, Total Investment Management Inc. lifted its holdings in Pimco Total Return ETF by 11.3% in the 1st quarter. Total Investment Management Inc. now owns 50,497 shares of the exchange traded fund’s stock valued at $4,639,000 after purchasing an additional 5,144 shares in the last quarter.

Pimco Total Return ETF Trading Down 0.4 %

NYSEARCA:BOND opened at $91.08 on Monday. The firm has a market cap of $4.19 billion, a price-to-earnings ratio of 1.59 and a beta of 0.18. The company’s 50-day moving average is $90.60 and its two-hundred day moving average is $91.12. Pimco Total Return ETF has a 12-month low of $85.10 and a 12-month high of $93.18.

Pimco Total Return ETF Company 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.