Steel Grove Capital Advisors LLC Takes $1.15 Million Position in Pimco Total Return ETF $BOND

Steel Grove Capital Advisors LLC purchased a new stake in shares of Pimco Total Return ETF (NYSEARCA:BOND) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor purchased 12,370 shares of the exchange traded fund’s stock, valued at approximately $1,151,000.

Several other hedge funds also recently added to or reduced their stakes in BOND. AE Wealth Management LLC grew its holdings in Pimco Total Return ETF by 47.6% during the 4th quarter. AE Wealth Management LLC now owns 1,482,067 shares of the exchange traded fund’s stock valued at $137,951,000 after purchasing an additional 477,930 shares during the last quarter. Thrivent Financial for Lutherans grew its holdings in Pimco Total Return ETF by 1,785.4% during the 3rd quarter. Thrivent Financial for Lutherans now owns 345,520 shares of the exchange traded fund’s stock valued at $32,254,000 after purchasing an additional 327,194 shares during the last quarter. Jane Street Group LLC bought a new position in Pimco Total Return ETF during the 2nd quarter valued at about $19,860,000. First Commonwealth Financial Corp PA bought a new position in Pimco Total Return ETF in the 3rd quarter worth about $17,092,000. Finally, CWM LLC grew its stake in Pimco Total Return ETF by 4.5% in the 4th quarter. CWM LLC now owns 4,149,576 shares of the exchange traded fund’s stock worth $386,243,000 after acquiring an additional 177,815 shares in the last quarter.

Pimco Total Return ETF Price Performance

Shares of BOND stock opened at $91.83 on Wednesday. The company has a market capitalization of $7.83 billion, a P/E ratio of 1.60 and a beta of 0.28. The company’s 50-day simple moving average is $92.17 and its two-hundred day simple moving average is $93.05. Pimco Total Return ETF has a one year low of $90.25 and a one year high of $94.68.

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.