Valley National Advisers Inc. Purchases 6,889 Shares of Pimco Total Return ETF $BOND

Valley National Advisers Inc. grew its position in shares of Pimco Total Return ETF (NYSEARCA:BOND) by 6.0% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 121,413 shares of the exchange traded fund’s stock after acquiring an additional 6,889 shares during the quarter. Pimco Total Return ETF accounts for 1.8% of Valley National Advisers Inc.’s holdings, making the stock its 10th biggest position. Valley National Advisers Inc.’s holdings in Pimco Total Return ETF were worth $11,333,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in BOND. Transce3nd LLC raised its holdings in shares of Pimco Total Return ETF by 53.0% in the second quarter. Transce3nd LLC now owns 358 shares of the exchange traded fund’s stock valued at $33,000 after purchasing an additional 124 shares during the last quarter. Banque Transatlantique SA bought a new position in Pimco Total Return ETF in the first quarter valued at $36,000. Maseco LLP bought a new position in Pimco Total Return ETF in the second quarter valued at $60,000. Security National Bank acquired a new stake in Pimco Total Return ETF in the 2nd quarter valued at $93,000. Finally, Goodman Advisory Group LLC bought a new stake in Pimco Total Return ETF during the 2nd quarter worth about $123,000.

Pimco Total Return ETF Price Performance

Pimco Total Return ETF stock opened at $93.60 on Friday. The company has a market cap of $6.27 billion, a price-to-earnings ratio of 1.60 and a beta of 0.27. The firm has a 50-day moving average of $93.60 and a 200-day moving average of $92.75. Pimco Total Return ETF has a one year low of $88.95 and a one year high of $94.56.

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. BOND was launched on Mar 1, 2012 and is managed by PIMCO.