Pimco Total Return ETF (NYSEARCA:BOND) Shares Purchased by JPMorgan Chase & Co.

JPMorgan Chase & Co. boosted its stake in shares of Pimco Total Return ETF (NYSEARCA:BOND) by 0.1% in the fourth quarter, HoldingsChannel.com reports. The fund owned 533,985 shares of the exchange traded fund’s stock after purchasing an additional 339 shares during the period. JPMorgan Chase & Co.’s holdings in Pimco Total Return ETF were worth $48,283,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Jane Street Group LLC raised its position in shares of Pimco Total Return ETF by 726.8% during the 3rd quarter. Jane Street Group LLC now owns 24,846 shares of the exchange traded fund’s stock worth $2,351,000 after purchasing an additional 21,841 shares during the last quarter. Principal Securities Inc. increased its stake in Pimco Total Return ETF by 2.7% during the 4th quarter. Principal Securities Inc. now owns 8,988 shares of the exchange traded fund’s stock worth $813,000 after buying an additional 234 shares in the last quarter. Park Avenue Securities LLC acquired a new position in shares of Pimco Total Return ETF during the fourth quarter valued at approximately $724,000. Bank of New York Mellon Corp lifted its position in shares of Pimco Total Return ETF by 2.7% in the fourth quarter. Bank of New York Mellon Corp now owns 153,114 shares of the exchange traded fund’s stock valued at $13,845,000 after acquiring an additional 4,003 shares in the last quarter. Finally, Merit Financial Group LLC acquired a new stake in shares of Pimco Total Return ETF in the fourth quarter worth approximately $615,000.

Pimco Total Return ETF Stock Performance

NYSEARCA BOND opened at $92.70 on Friday. The business has a fifty day moving average price of $91.77 and a 200 day moving average price of $91.87. The company has a market cap of $5.57 billion, a P/E ratio of 1.63 and a beta of 0.27. Pimco Total Return ETF has a one year low of $88.88 and a one year high of $95.32.

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.