Cardinal Point Capital Management ULC Reduces Stock Holdings in Pimco Total Return ETF (NYSEARCA:BOND)

Cardinal Point Capital Management ULC cut its position in shares of Pimco Total Return ETF (NYSEARCA:BOND) by 30.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,640 shares of the exchange traded fund’s stock after selling 5,105 shares during the period. Cardinal Point Capital Management ULC’s holdings in Pimco Total Return ETF were worth $1,057,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. CWM LLC raised its position 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 buying an additional 505,632 shares during the period. International Assets Investment Management LLC increased its stake in Pimco Total Return ETF by 6,714.2% during the third quarter. International Assets Investment Management LLC now owns 451,574 shares of the exchange traded fund’s stock worth $42,723,000 after acquiring an additional 444,947 shares during the last quarter. LPL Financial LLC increased its stake in Pimco Total Return ETF by 40.7% during the third quarter. LPL Financial LLC now owns 1,273,677 shares of the exchange traded fund’s stock worth $120,503,000 after acquiring an additional 368,354 shares during the last quarter. Sanctuary Advisors LLC raised its position in Pimco Total Return ETF by 1,646.8% in the third quarter. Sanctuary Advisors LLC now owns 347,900 shares of the exchange traded fund’s stock valued at $31,822,000 after purchasing an additional 327,984 shares during the period. Finally, NewEdge Advisors LLC lifted its stake in shares of Pimco Total Return ETF by 81.7% in the 2nd quarter. NewEdge Advisors LLC now owns 447,056 shares of the exchange traded fund’s stock valued at $40,718,000 after purchasing an additional 200,971 shares during the last quarter.

Pimco Total Return ETF Trading Down 0.1 %

Shares of NYSEARCA:BOND opened at $89.27 on Tuesday. The company has a market capitalization of $4.11 billion, a price-to-earnings ratio of 1.59 and a beta of 0.18. Pimco Total Return ETF has a 12-month low of $88.88 and a 12-month high of $95.32. The business has a 50-day moving average price of $91.29 and a 200 day moving average price of $92.49.

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.