Elevation Wealth Partners LLC Lowers Stock Holdings in Pimco Total Return ETF (NYSEARCA:BOND)

Elevation Wealth Partners LLC lowered its stake in shares of Pimco Total Return ETF (NYSEARCA:BOND) by 23.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,718 shares of the exchange traded fund’s stock after selling 515 shares during the quarter. Elevation Wealth Partners LLC’s holdings in Pimco Total Return ETF were worth $155,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. CENTRAL TRUST Co acquired a new stake in Pimco Total Return ETF in the fourth quarter valued at about $27,000. SYM FINANCIAL Corp lifted its position in Pimco Total Return ETF by 2,431.6% in the third quarter. SYM FINANCIAL Corp now owns 481 shares of the exchange traded fund’s stock valued at $46,000 after purchasing an additional 462 shares during the period. Farmers & Merchants Investments Inc. lifted its position in Pimco Total Return ETF by 39.0% in the third quarter. Farmers & Merchants Investments Inc. now owns 1,172 shares of the exchange traded fund’s stock valued at $111,000 after purchasing an additional 329 shares during the period. Larson Financial Group LLC lifted its position in Pimco Total Return ETF by 13.6% in the third quarter. Larson Financial Group LLC now owns 1,794 shares of the exchange traded fund’s stock valued at $170,000 after purchasing an additional 215 shares during the period. Finally, Evolution Wealth Advisors LLC acquired a new stake in Pimco Total Return ETF in the third quarter valued at about $206,000.

Pimco Total Return ETF Stock Down 0.3 %

Shares of NYSEARCA:BOND opened at $90.98 on Monday. The company has a market cap of $4.18 billion, a P/E ratio of 1.59 and a beta of 0.18. Pimco Total Return ETF has a 52 week low of $88.88 and a 52 week high of $95.32. The company has a 50-day moving average price of $90.92 and a 200 day moving average price of $92.37.

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.