Pimco Total Return ETF $BOND Shares Acquired by Cornerstone Wealth Management LLC

Cornerstone Wealth Management LLC raised its position in Pimco Total Return ETF (NYSE:BOND) by 10.0% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 340,136 shares of the exchange traded fund’s stock after acquiring an additional 30,865 shares during the period. Pimco Total Return ETF comprises 1.2% of Cornerstone Wealth Management LLC’s portfolio, making the stock its 10th biggest position. Cornerstone Wealth Management LLC owned about 0.34% of Pimco Total Return ETF worth $29,588,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the company. Envestnet Asset Management Inc. boosted its position in Pimco Total Return ETF by 13.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,955,221 shares of the exchange traded fund’s stock worth $269,253,000 after acquiring an additional 340,777 shares during the last quarter. Bank of America Corp DE grew its stake in shares of Pimco Total Return ETF by 11.8% during the 1st quarter. Bank of America Corp DE now owns 1,625,567 shares of the exchange traded fund’s stock worth $150,007,000 after acquiring an additional 171,674 shares in the last quarter. Tectonic Advisors LLC grew its stake in shares of Pimco Total Return ETF by 3.2% during the 3rd quarter. Tectonic Advisors LLC now owns 1,724,091 shares of the exchange traded fund’s stock worth $149,979,000 after acquiring an additional 53,714 shares in the last quarter. NewEdge Advisors LLC raised its holdings in shares of Pimco Total Return ETF by 10.3% in the second quarter. NewEdge Advisors LLC now owns 1,474,136 shares of the exchange traded fund’s stock valued at $135,930,000 after purchasing an additional 137,905 shares during the last quarter. Finally, Waverly Advisors LLC raised its holdings in shares of Pimco Total Return ETF by 30.3% in the second quarter. Waverly Advisors LLC now owns 1,332,448 shares of the exchange traded fund’s stock valued at $122,865,000 after purchasing an additional 310,172 shares during the last quarter.

Pimco Total Return ETF Stock Down 0.9%

Shares of BOND stock opened at $88.48 on Wednesday. The company’s fifty day simple moving average is $88.29 and its 200-day simple moving average is $91.16. The firm has a market cap of $9.11 billion, a PE ratio of 1.60 and a beta of 0.28. Pimco Total Return ETF has a 12 month low of $86.11 and a 12 month high of $94.68.

Pimco Total Return ETF 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. BOND was launched on Mar 1, 2012 and is managed by PIMCO.