Linscomb Wealth Inc. Has $3.60 Million Holdings in Pimco Total Return ETF (NYSEARCA:BOND)

Linscomb Wealth Inc. lifted its stake in shares of Pimco Total Return ETF (NYSEARCA:BOND) by 16.2% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 38,048 shares of the exchange traded fund’s stock after purchasing an additional 5,291 shares during the quarter. Linscomb Wealth Inc.’s holdings in Pimco Total Return ETF were worth $3,600,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Farther Finance Advisors LLC grew its holdings in Pimco Total Return ETF by 534.1% during the 2nd quarter. Farther Finance Advisors LLC now owns 20,971 shares of the exchange traded fund’s stock worth $1,888,000 after acquiring an additional 17,664 shares during the period. Envestnet Portfolio Solutions Inc. grew its holdings in Pimco Total Return ETF by 9.4% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 107,271 shares of the exchange traded fund’s stock worth $9,770,000 after acquiring an additional 9,186 shares during the period. EverSource Wealth Advisors LLC grew its holdings in Pimco Total Return ETF by 75.1% during the 1st quarter. EverSource Wealth Advisors LLC now owns 842 shares of the exchange traded fund’s stock worth $75,000 after acquiring an additional 361 shares during the period. Milestone Asset Management LLC bought a new position in shares of Pimco Total Return ETF during the 2nd quarter worth about $8,231,000. Finally, Continuum Advisory LLC boosted its position in shares of Pimco Total Return ETF by 11.5% during the 2nd quarter. Continuum Advisory LLC now owns 1,594 shares of the exchange traded fund’s stock worth $145,000 after purchasing an additional 164 shares in the last quarter.

Pimco Total Return ETF Price Performance

Shares of BOND stock traded down $0.12 on Friday, reaching $91.04. 38,370 shares of the company were exchanged, compared to its average volume of 260,329. The company has a market cap of $4.19 billion, a price-to-earnings ratio of 1.59 and a beta of 0.18. The company has a 50-day moving average of $93.26 and a 200-day moving average of $92.31. Pimco Total Return ETF has a one year low of $88.37 and a one year high of $95.32.

About Pimco Total Return ETF

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.