Scotia Capital Inc. Trims Stake in Pimco Total Return ETF (NYSEARCA:BOND)

Scotia Capital Inc. cut its holdings in Pimco Total Return ETF (NYSEARCA:BOND) by 5.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 370,718 shares of the exchange traded fund’s stock after selling 20,083 shares during the quarter. Scotia Capital Inc.’s holdings in Pimco Total Return ETF were worth $33,520,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in BOND. Advisory Services Network LLC increased its holdings in shares of Pimco Total Return ETF by 57.0% in the 4th quarter. Advisory Services Network LLC now owns 25,047 shares of the exchange traded fund’s stock valued at $2,265,000 after acquiring an additional 9,091 shares during the last quarter. Bank of Montreal Can increased its stake in Pimco Total Return ETF by 13.7% in the 4th quarter. Bank of Montreal Can now owns 59,372 shares of the exchange traded fund’s stock valued at $5,368,000 after purchasing an additional 7,156 shares in the last quarter. Aristides Capital LLC increased its position in Pimco Total Return ETF by 12.1% during the fourth quarter. Aristides Capital LLC now owns 14,337 shares of the exchange traded fund’s stock worth $1,296,000 after buying an additional 1,550 shares in the last quarter. Wedbush Securities Inc. boosted its holdings in shares of Pimco Total Return ETF by 105.2% during the fourth quarter. Wedbush Securities Inc. now owns 15,812 shares of the exchange traded fund’s stock worth $1,430,000 after purchasing an additional 8,108 shares during the last quarter. Finally, Wells Fargo & Company MN boosted its holdings in shares of Pimco Total Return ETF by 2.0% during the fourth quarter. Wells Fargo & Company MN now owns 1,546,158 shares of the exchange traded fund’s stock worth $139,804,000 after purchasing an additional 30,257 shares during the last quarter.

Pimco Total Return ETF Stock Performance

NYSEARCA:BOND opened at $90.74 on Thursday. Pimco Total Return ETF has a one year low of $88.88 and a one year high of $95.32. The business’s 50-day simple moving average is $91.75 and its 200 day simple moving average is $91.76. The stock has a market cap of $5.45 billion, a price-to-earnings ratio of 1.63 and a beta of 0.27.

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.