Avantax Advisory Services Inc. Grows Stake in Pimco Total Return ETF (NYSEARCA:BOND)

Avantax Advisory Services Inc. grew its position in Pimco Total Return ETF (NYSEARCA:BOND) by 7.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 214,221 shares of the exchange traded fund’s stock after purchasing an additional 14,695 shares during the quarter. Avantax Advisory Services Inc. owned about 0.47% of Pimco Total Return ETF worth $19,370,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Essential Planning LLC. lifted its stake in shares of Pimco Total Return ETF by 4,238.6% during the fourth quarter. Essential Planning LLC. now owns 1,894,380 shares of the exchange traded fund’s stock worth $174,453,000 after buying an additional 1,850,717 shares during the period. LPL Financial LLC lifted its stake in shares of Pimco Total Return ETF by 40.7% during the third quarter. LPL Financial LLC now owns 1,273,677 shares of the exchange traded fund’s stock worth $120,503,000 after buying an additional 368,354 shares during the period. OneDigital Investment Advisors LLC lifted its stake in shares of Pimco Total Return ETF by 22.4% during the third quarter. OneDigital Investment Advisors LLC now owns 1,024,870 shares of the exchange traded fund’s stock worth $96,963,000 after buying an additional 187,822 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of Pimco Total Return ETF during the fourth quarter worth $81,947,000. Finally, JPMorgan Chase & Co. lifted its stake in shares of Pimco Total Return ETF by 19.5% during the third quarter. JPMorgan Chase & Co. now owns 533,646 shares of the exchange traded fund’s stock worth $50,488,000 after buying an additional 87,231 shares during the period.

Pimco Total Return ETF Trading Down 0.2 %

NYSEARCA:BOND opened at $91.80 on Thursday. Pimco Total Return ETF has a 12 month low of $88.88 and a 12 month high of $95.32. The firm has a fifty day simple moving average of $91.07 and a 200-day simple moving average of $92.14. The company has a market capitalization of $5.41 billion, a P/E ratio of 1.64 and a beta of 0.26.

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.