Norway Savings Bank Cuts Stake in Pimco Total Return ETF (NYSEARCA:BOND)

Norway Savings Bank lowered its stake in Pimco Total Return ETF (NYSEARCA:BOND) by 5.0% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 64,731 shares of the exchange traded fund’s stock after selling 3,426 shares during the quarter. Pimco Total Return ETF comprises approximately 3.2% of Norway Savings Bank’s investment portfolio, making the stock its 4th biggest holding. Norway Savings Bank owned 0.18% of Pimco Total Return ETF worth $5,931,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of BOND. Moneta Group Investment Advisors LLC lifted its position in shares of Pimco Total Return ETF by 671,629.1% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 45,892,529 shares of the exchange traded fund’s stock worth $4,152,356,000 after purchasing an additional 45,885,697 shares in the last quarter. Morgan Stanley lifted its position in shares of Pimco Total Return ETF by 78.3% in the fourth quarter. Morgan Stanley now owns 2,207,709 shares of the exchange traded fund’s stock worth $199,754,000 after purchasing an additional 969,487 shares in the last quarter. CWM LLC lifted its position in shares of Pimco Total Return ETF by 40.0% in the first quarter. CWM LLC now owns 1,652,815 shares of the exchange traded fund’s stock worth $153,307,000 after purchasing an additional 472,619 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in shares of Pimco Total Return ETF by 10.0% in the first quarter. Envestnet Asset Management Inc. now owns 1,245,180 shares of the exchange traded fund’s stock worth $115,497,000 after purchasing an additional 113,078 shares in the last quarter. Finally, Bank of America Corp DE lifted its position in shares of Pimco Total Return ETF by 14.3% in the first quarter. Bank of America Corp DE now owns 779,240 shares of the exchange traded fund’s stock worth $72,278,000 after purchasing an additional 97,651 shares in the last quarter.

Pimco Total Return ETF Stock Down 0.3 %

Shares of BOND stock traded down $0.24 during trading on Friday, reaching $89.38. The company’s stock had a trading volume of 142,243 shares, compared to its average volume of 247,803. The business has a fifty day moving average price of $90.29 and a 200-day moving average price of $91.43. Pimco Total Return ETF has a one year low of $86.61 and a one year high of $94.57. The company has a market cap of $3.58 billion, a price-to-earnings ratio of 56.50 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.