Avondale Wealth Management Lowers Position in Pimco Total Return ETF (NYSEARCA:BOND)

Avondale Wealth Management decreased its stake in Pimco Total Return ETF (NYSEARCA:BOND) by 9.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,500 shares of the exchange traded fund’s stock after selling 350 shares during the quarter. Avondale Wealth Management’s holdings in Pimco Total Return ETF were worth $316,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. CWM LLC grew its stake in shares of Pimco Total Return ETF by 16.3% during the 3rd quarter. CWM LLC now owns 3,612,414 shares of the exchange traded fund’s stock valued at $341,770,000 after acquiring an additional 505,632 shares during the period. Tectonic Advisors LLC increased its stake in shares of Pimco Total Return ETF by 1.2% in 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 raised its position in shares of Pimco Total Return ETF by 40.7% during the 3rd quarter. LPL Financial LLC now owns 1,273,677 shares of the exchange traded fund’s stock valued at $120,503,000 after purchasing an additional 368,354 shares during the period. OneDigital Investment Advisors LLC raised its position in shares of Pimco Total Return ETF by 22.4% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 1,024,870 shares of the exchange traded fund’s stock valued at $96,963,000 after purchasing an additional 187,822 shares during the period. Finally, JPMorgan Chase & Co. lifted its stake in shares of Pimco Total Return ETF by 19.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 533,646 shares of the exchange traded fund’s stock valued at $50,488,000 after buying an additional 87,231 shares in the last quarter.

Pimco Total Return ETF Stock Down 0.4 %

BOND stock traded down $0.40 during trading on Friday, reaching $89.56. The company’s stock had a trading volume of 82,810 shares, compared to its average volume of 260,378. The company’s fifty day moving average is $91.37 and its 200-day moving average is $92.50. The company has a market capitalization of $4.12 billion, a P/E ratio of 1.59 and a beta of 0.18. Pimco Total Return ETF has a 1 year low of $88.88 and a 1 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.