PNC Financial Services Group Inc. raised its stake in shares of Pimco Total Return ETF (NYSEARCA:BOND – Free Report) by 7.6% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 218,818 shares of the exchange traded fund’s stock after acquiring an additional 15,412 shares during the quarter. PNC Financial Services Group Inc. owned approximately 0.26% of Pimco Total Return ETF worth $20,193,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds also recently made changes to their positions in the company. CWM LLC increased its position in shares of Pimco Total Return ETF by 4.5% during the 4th quarter. CWM LLC now owns 4,149,576 shares of the exchange traded fund’s stock worth $386,243,000 after purchasing an additional 177,815 shares in the last quarter. Morgan Stanley lifted its holdings in 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 purchasing an additional 419,755 shares during the last quarter. LPL Financial LLC boosted its position in Pimco Total Return ETF by 25.5% in the fourth quarter. LPL Financial LLC now owns 2,895,952 shares of the exchange traded fund’s stock valued at $269,555,000 after buying an additional 587,532 shares in the last quarter. Wells Fargo & Company MN boosted its position in Pimco Total Return ETF by 23.8% in the fourth quarter. Wells Fargo & Company MN now owns 1,983,801 shares of the exchange traded fund’s stock valued at $184,652,000 after buying an additional 381,305 shares in the last quarter. Finally, Tectonic Advisors LLC boosted its position in Pimco Total Return ETF by 0.8% in the fourth quarter. Tectonic Advisors LLC now owns 1,586,589 shares of the exchange traded fund’s stock valued at $147,680,000 after buying an additional 12,520 shares in the last quarter.
Pimco Total Return ETF Trading Up 0.1%
NYSEARCA BOND opened at $90.56 on Friday. Pimco Total Return ETF has a 1-year low of $90.36 and a 1-year high of $94.68. The company has a 50 day moving average of $91.59 and a 200-day moving average of $92.51. The firm has a market cap of $8.38 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.
See Also
- Five stocks we like better than Pimco Total Return ETF
- AMD and Cerbras Create A New Blueprint For Hardware
- Intel Earnings Reveal Whether the Chip Selloff Created a Buy
- CrowdStrike’s Cerebras Deal Puts Its AI Security Strategy to the Test
- Plugging In: How Kinder Morgan Powers Up Profits
Receive News & Ratings for Pimco Total Return ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pimco Total Return ETF and related companies with MarketBeat.com's FREE daily email newsletter.
