Freedom Investment Management Inc. Has $18.63 Million Stock Position in Pimco Total Return ETF (NYSEARCA:BOND)

Freedom Investment Management Inc. boosted its stake in shares of Pimco Total Return ETF (NYSEARCA:BOND) by 0.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 196,868 shares of the exchange traded fund’s stock after purchasing an additional 980 shares during the quarter. Pimco Total Return ETF accounts for approximately 1.5% of Freedom Investment Management Inc.’s holdings, making the stock its 12th biggest position. Freedom Investment Management Inc. owned 0.43% of Pimco Total Return ETF worth $18,626,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Farther Finance Advisors LLC lifted its stake in shares of Pimco Total Return ETF by 534.1% in the second quarter. Farther Finance Advisors LLC now owns 20,971 shares of the exchange traded fund’s stock valued at $1,888,000 after buying an additional 17,664 shares during the period. Envestnet Portfolio Solutions Inc. increased its position in shares of Pimco Total Return ETF by 9.4% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 107,271 shares of the exchange traded fund’s stock valued at $9,770,000 after purchasing an additional 9,186 shares during the period. EverSource Wealth Advisors LLC raised its stake in shares of Pimco Total Return ETF by 75.1% in the first quarter. EverSource Wealth Advisors LLC now owns 842 shares of the exchange traded fund’s stock valued at $75,000 after purchasing an additional 361 shares in the last quarter. Milestone Asset Management LLC bought a new position in Pimco Total Return ETF in the second quarter worth $8,231,000. Finally, Continuum Advisory LLC boosted its stake in Pimco Total Return ETF by 11.5% during the second quarter. Continuum Advisory LLC now owns 1,594 shares of the exchange traded fund’s stock worth $145,000 after buying an additional 164 shares in the last quarter.

Pimco Total Return ETF Stock Performance

Shares of BOND stock opened at $92.12 on Wednesday. The firm has a fifty day moving average of $92.78 and a 200-day moving average of $92.42. The stock has a market cap of $4.24 billion, a price-to-earnings ratio of 1.59 and a beta of 0.18. Pimco Total Return ETF has a 52-week low of $88.76 and a 52-week high of $95.32.

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.