Kovack Advisors Inc. Grows Position in Pimco Total Return ETF (NYSEARCA:BOND)

Kovack Advisors Inc. grew its position in shares of Pimco Total Return ETF (NYSEARCA:BOND) by 17.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,370 shares of the exchange traded fund’s stock after acquiring an additional 665 shares during the quarter. Kovack Advisors Inc.’s holdings in Pimco Total Return ETF were worth $413,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the company. CWM LLC lifted its holdings in Pimco Total Return ETF by 16.3% during the third quarter. CWM LLC now owns 3,612,414 shares of the exchange traded fund’s stock worth $341,770,000 after acquiring an additional 505,632 shares during the period. Tectonic Advisors LLC raised its stake in shares of Pimco Total Return ETF by 1.2% during the 3rd quarter. Tectonic Advisors LLC now owns 1,828,250 shares of the exchange traded fund’s stock worth $172,971,000 after purchasing an additional 20,982 shares during the period. LPL Financial LLC boosted its holdings in shares of Pimco Total Return ETF by 6.8% in the 2nd quarter. LPL Financial LLC now owns 905,323 shares of the exchange traded fund’s stock worth $82,457,000 after buying an additional 57,608 shares during the last quarter. Commonwealth Equity Services LLC boosted its stake in Pimco Total Return ETF by 48.5% in the third quarter. Commonwealth Equity Services LLC now owns 530,362 shares of the exchange traded fund’s stock valued at $50,178,000 after acquiring an additional 173,144 shares during the last quarter. Finally, International Assets Investment Management LLC lifted its stake in Pimco Total Return ETF by 6,714.2% in the third quarter. International Assets Investment Management LLC now owns 451,574 shares of the exchange traded fund’s stock valued at $42,723,000 after purchasing an additional 444,947 shares during the last quarter.

Pimco Total Return ETF Price Performance

Shares of NYSEARCA BOND opened at $91.12 on Friday. The stock has a market capitalization of $4.19 billion, a PE ratio of 1.59 and a beta of 0.18. Pimco Total Return ETF has a one year low of $88.05 and a one year high of $95.32. The business’s fifty day moving average price is $93.26 and its 200-day moving average price is $92.31.

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.