Occidental Asset Management LLC Trims Stake in Pimco Total Return ETF (NYSEARCA:BOND)

Occidental Asset Management LLC lessened its holdings in Pimco Total Return ETF (NYSEARCA:BOND) by 57.2% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 15,714 shares of the exchange traded fund’s stock after selling 20,971 shares during the period. Occidental Asset Management LLC’s holdings in Pimco Total Return ETF were worth $1,440,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Key Financial Inc purchased a new stake in Pimco Total Return ETF in the 1st quarter worth $26,000. Delta Asset Management LLC TN purchased a new stake in Pimco Total Return ETF in the 4th quarter worth $29,000. ICA Group Wealth Management LLC purchased a new stake in Pimco Total Return ETF in the 4th quarter worth $29,000. Whittier Trust Co. of Nevada Inc. purchased a new stake in Pimco Total Return ETF in the 1st quarter worth $34,000. Finally, Money Concepts Capital Corp purchased a new stake in Pimco Total Return ETF in the 4th quarter worth $55,000.

Pimco Total Return ETF Stock Performance

Shares of BOND traded down $0.05 during midday trading on Monday, hitting $89.33. 32,772 shares of the company traded hands, compared to its average volume of 246,554. The firm has a 50 day moving average of $90.29 and a 200-day moving average of $91.44. Pimco Total Return ETF has a 52 week low of $86.61 and a 52 week high of $94.57. The stock 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.