Traction Financial Partners LLC Has $3.54 Million Position in Pimco Total Return ETF (NYSEARCA:BOND)

Traction Financial Partners LLC lifted its holdings in shares of Pimco Total Return ETF (NYSEARCA:BOND) by 1.7% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 37,432 shares of the exchange traded fund’s stock after buying an additional 639 shares during the period. Pimco Total Return ETF makes up approximately 2.8% of Traction Financial Partners LLC’s portfolio, making the stock its 11th largest position. Traction Financial Partners LLC’s holdings in Pimco Total Return ETF were worth $3,541,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. CWM LLC grew its stake in Pimco Total Return ETF by 16.3% in 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 last quarter. Tectonic Advisors LLC increased 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 worth $172,971,000 after purchasing an additional 20,982 shares during the period. LPL Financial LLC lifted its position in shares of Pimco Total Return ETF by 6.8% during the 2nd quarter. LPL Financial LLC now owns 905,323 shares of the exchange traded fund’s stock worth $82,457,000 after purchasing an additional 57,608 shares during the last quarter. Commonwealth Equity Services LLC increased its position in Pimco Total Return ETF by 48.5% in the 3rd quarter. Commonwealth Equity Services LLC now owns 530,362 shares of the exchange traded fund’s stock worth $50,178,000 after buying an additional 173,144 shares during the period. Finally, International Assets Investment Management LLC lifted its holdings in shares of 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 buying an additional 444,947 shares during the last quarter.

Pimco Total Return ETF Stock Performance

Shares of BOND traded up $0.18 during trading hours on Thursday, reaching $91.40. 43,478 shares of the company traded hands, compared to its average volume of 260,420. The stock has a market cap of $4.20 billion, a P/E ratio of 1.59 and a beta of 0.18. Pimco Total Return ETF has a 1-year low of $88.05 and a 1-year high of $95.32. The stock’s fifty day moving average is $93.32 and its 200 day moving average is $92.32.

Pimco Total Return ETF Company 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.