B. Riley Wealth Advisors Inc. Cuts Holdings in Pimco Total Return ETF (NYSEARCA:BOND)

B. Riley Wealth Advisors Inc. decreased its stake in Pimco Total Return ETF (NYSEARCA:BOND) by 1.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 153,780 shares of the exchange traded fund’s stock after selling 2,916 shares during the period. B. Riley Wealth Advisors Inc. owned approximately 0.33% of Pimco Total Return ETF worth $14,006,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the company. Mark Sheptoff Financial Planning LLC acquired a new position in shares of Pimco Total Return ETF during the 1st quarter worth $30,000. Palisade Asset Management LLC purchased a new stake in shares of Pimco Total Return ETF during the first quarter worth about $49,000. Avion Wealth raised its position in shares of Pimco Total Return ETF by 28.1% in the second quarter. Avion Wealth now owns 753 shares of the exchange traded fund’s stock valued at $68,000 after buying an additional 165 shares during the last quarter. Trust Co. of Vermont purchased a new position in shares of Pimco Total Return ETF during the second quarter valued at approximately $71,000. Finally, EverSource Wealth Advisors LLC lifted its stake in shares of Pimco Total Return ETF by 75.1% during the first quarter. EverSource Wealth Advisors LLC now owns 842 shares of the exchange traded fund’s stock valued at $75,000 after buying an additional 361 shares during the period.

Pimco Total Return ETF Stock Up 0.3 %

Shares of NYSEARCA:BOND opened at $94.88 on Monday. The company has a market cap of $4.36 billion, a P/E ratio of 1.59 and a beta of 0.18. The business has a fifty day simple moving average of $93.81 and a 200-day simple moving average of $91.84. Pimco Total Return ETF has a 52 week low of $85.10 and a 52 week 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.