Pimco Total Return ETF (NYSEARCA:BOND) Stake Reduced by Sheridan Capital Management LLC

Sheridan Capital Management LLC trimmed its position in Pimco Total Return ETF (NYSEARCA:BOND) by 1.6% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 127,579 shares of the exchange traded fund’s stock after selling 2,112 shares during the quarter. Pimco Total Return ETF makes up 8.1% of Sheridan Capital Management LLC’s portfolio, making the stock its 4th biggest position. Sheridan Capital Management LLC’s holdings in Pimco Total Return ETF were worth $11,536,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. SYM FINANCIAL Corp raised its stake in Pimco Total Return ETF by 2,431.6% in the third quarter. SYM FINANCIAL Corp now owns 481 shares of the exchange traded fund’s stock worth $46,000 after buying an additional 462 shares in the last quarter. Farmers & Merchants Investments Inc. raised its position in shares of Pimco Total Return ETF by 39.0% in the 3rd quarter. Farmers & Merchants Investments Inc. now owns 1,172 shares of the exchange traded fund’s stock worth $111,000 after acquiring an additional 329 shares in the last quarter. Larson Financial Group LLC lifted its stake in shares of Pimco Total Return ETF by 13.6% during the 3rd quarter. Larson Financial Group LLC now owns 1,794 shares of the exchange traded fund’s stock worth $170,000 after purchasing an additional 215 shares during the last quarter. Evolution Wealth Advisors LLC bought a new stake in Pimco Total Return ETF during the third quarter valued at about $206,000. Finally, ZRC Wealth Management LLC grew its stake in Pimco Total Return ETF by 30.5% in the third quarter. ZRC Wealth Management LLC now owns 2,233 shares of the exchange traded fund’s stock valued at $211,000 after purchasing an additional 522 shares during the last quarter.

Pimco Total Return ETF Stock Performance

BOND stock opened at $91.05 on Tuesday. Pimco Total Return ETF has a one year low of $88.88 and a one year high of $95.32. The firm has a market cap of $4.19 billion, a price-to-earnings ratio of 1.59 and a beta of 0.18. The firm has a 50-day simple moving average of $91.09 and a two-hundred day simple moving average of $92.43.

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.