Rovin Capital UT ADV Trims Holdings in Pimco Total Return ETF (NYSEARCA:BOND)

Rovin Capital UT ADV lessened its stake in Pimco Total Return ETF (NYSEARCA:BOND) by 4.4% in the 3rd quarter, Holdings Channel reports. The firm owned 14,097 shares of the exchange traded fund’s stock after selling 643 shares during the period. Rovin Capital UT ADV’s holdings in Pimco Total Return ETF were worth $1,334,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. CWM LLC grew its stake in shares of Pimco Total Return ETF by 16.3% in the third quarter. CWM LLC now owns 3,612,414 shares of the exchange traded fund’s stock valued at $341,770,000 after buying an additional 505,632 shares in the last quarter. Tectonic Advisors LLC lifted its position in shares of Pimco Total Return ETF by 1.2% during the third 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 in the last quarter. LPL Financial LLC grew its holdings in shares of Pimco Total Return ETF by 6.8% in the second quarter. LPL Financial LLC now owns 905,323 shares of the exchange traded fund’s stock valued at $82,457,000 after purchasing an additional 57,608 shares in the last quarter. Commonwealth Equity Services LLC increased its stake in Pimco Total Return ETF by 48.5% during the 3rd quarter. Commonwealth Equity Services LLC now owns 530,362 shares of the exchange traded fund’s stock worth $50,178,000 after buying an additional 173,144 shares during the period. Finally, International Assets Investment Management LLC lifted its holdings in Pimco Total Return ETF by 6,714.2% during the 3rd quarter. International Assets Investment Management LLC now owns 451,574 shares of the exchange traded fund’s stock worth $42,723,000 after buying an additional 444,947 shares in the last quarter.

Pimco Total Return ETF Stock Up 0.2 %

NYSEARCA:BOND opened at $91.88 on Friday. Pimco Total Return ETF has a 52 week low of $87.06 and a 52 week high of $95.32. The company has a fifty day simple moving average of $93.47 and a two-hundred day simple moving average of $92.25. The company has a market cap of $4.23 billion, a price-to-earnings ratio of 1.59 and a beta of 0.18.

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.