Pimco Total Return ETF $BOND Stock Acquired by Novem Group

Novem Group raised its stake in Pimco Total Return ETF (NYSE:BOND – Free Report) by 6.9% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 262,442 shares of the exchange traded fund’s stock after acquiring an additional 16,890 shares during the period. Pimco Total Return ETF makes up 2.3% of Novem Group’s investment portfolio, making the stock its 5th largest position. Novem Group’s holdings in Pimco Total Return ETF were worth $22,830,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the stock. Fortitude Financial LLC purchased a new position in shares of Pimco Total Return ETF in the 3rd quarter valued at $2,249,000. Richards Merrill & Peterson Inc. acquired a new stake in Pimco Total Return ETF during the 3rd quarter worth $519,000. Strata Wealth Advisors LLC raised its stake in Pimco Total Return ETF by 11.9% during the 3rd quarter. Strata Wealth Advisors LLC now owns 13,483 shares of the exchange traded fund’s stock worth $1,173,000 after acquiring an additional 1,433 shares in the last quarter. Robertson Stephens Wealth Management LLC acquired a new stake in Pimco Total Return ETF during the 3rd quarter worth $400,000. Finally, Eagle Strategies LLC purchased a new stake in Pimco Total Return ETF in the third quarter valued at $27,206,000.

Pimco Total Return ETF Stock Down 0.4%

BOND traded down $0.31 on Monday, reaching $87.59. The company had a trading volume of 812,764 shares, compared to its average volume of 616,976. Pimco Total Return ETF has a 1 year low of $86.11 and a 1 year high of $94.68. The stock has a market capitalization of $8.58 billion, a PE ratio of 1.60 and a beta of 0.28. The stock has a 50-day moving average price of $88.96 and a 200-day moving average price of $90.78.

Pimco Total Return ETF Company Profile

(Free Report)

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.

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Want to see what other hedge funds are holding BOND? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Pimco Total Return ETF (NYSE:BOND – Free Report).