Cedar Mountain Advisors LLC Lowers Position in Pimco Total Return ETF (NYSEARCA:BOND)

Cedar Mountain Advisors LLC lessened its position in shares of Pimco Total Return ETF (NYSEARCA:BOND) by 55.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 561 shares of the exchange traded fund’s stock after selling 687 shares during the period. Cedar Mountain Advisors LLC’s holdings in Pimco Total Return ETF were worth $51,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in BOND. CWM LLC grew its stake in Pimco Total Return ETF by 16.3% during the third quarter. CWM LLC now owns 3,612,414 shares of the exchange traded fund’s stock worth $341,770,000 after buying an additional 505,632 shares during the period. Tectonic Advisors LLC grew its stake in shares of Pimco Total Return ETF by 1.2% in the third quarter. Tectonic Advisors LLC now owns 1,828,250 shares of the exchange traded fund’s stock valued at $172,971,000 after buying an additional 20,982 shares in the last quarter. LPL Financial LLC raised its holdings in shares of Pimco Total Return ETF by 40.7% during the 3rd quarter. LPL Financial LLC now owns 1,273,677 shares of the exchange traded fund’s stock valued at $120,503,000 after buying an additional 368,354 shares during the period. OneDigital Investment Advisors LLC lifted its position in Pimco Total Return ETF by 22.4% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 1,024,870 shares of the exchange traded fund’s stock worth $96,963,000 after acquiring an additional 187,822 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in Pimco Total Return ETF by 19.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 533,646 shares of the exchange traded fund’s stock worth $50,488,000 after acquiring an additional 87,231 shares during the period.

Pimco Total Return ETF Stock Up 0.1 %

BOND opened at $90.50 on Friday. The firm’s 50 day moving average is $91.09 and its 200-day moving average is $92.43. Pimco Total Return ETF has a 52-week low of $88.88 and a 52-week high of $95.32. The firm has a market capitalization of $4.16 billion, a P/E ratio of 1.59 and a beta of 0.18.

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.