JPMorgan Chase & Co. Increases Stake in Pimco Total Return ETF

On January 5th, 2025, it was reported that JPMorgan Chase & Co. has increased its investment in the Pimco Total Return ETF (NYSEARCA:BOND) by 19.5% during the third quarter. The financial institution now holds 533,646 shares of the ETF after buying an additional 87,231 shares in the recent quarter. The total value of JPMorgan Chase & Co.'s investment in the Pimco Total Return ETF reached approximately $50.49 million as of the end of the latest reporting period.

In addition to JPMorgan, several other institutional investors have made adjustments to their holdings in the Pimco Total Return ETF. CWM LLC raised its position by 16.3%, now owning 3,612,414 shares worth $341.77 million after acquiring 505,632 more shares in the last quarter. Similarly, Tectonic Advisors LLC increased its stake by 1.2%, holding 1,828,250 shares valued at $172.97 million following a purchase of an additional 20,982 shares during the quarter. Other notable increases in holdings include LPL Financial LLC, which boosted its shares by 40.7%, OneDigital Investment Advisors LLC with a 22.4% increase, and Commonwealth Equity Services LLC, which saw a 48.5% rise in its shares.

Pimco Total Return ETF Performance

The Pimco Total Return ETF's stock opened at $90.35 on the trading day following the report. Over the past year, the ETF has experienced a low of $88.88 and a high of $95.32. The fund's fifty-day simple moving average stands at $91.52, while the two-hundred-day simple moving average is noted at $92.55. Currently, the Pimco Total Return ETF has a market capitalization of $4.16 billion, a price-to-earnings ratio of 1.59, and a beta of 0.18, indicating its volatility compared to the market.

Overview of Pimco Total Return ETF

The Pimco Active Bond Exchange-Traded Fund (BOND) is designed to reflect the performance of the Barclays U.S. Aggregate index. This ETF employs an actively managed portfolio strategy that seeks to provide a consistent level of dividend income by investing in various sectors of fixed income and using income-efficient strategies.

JPMorgan, Pimco, ETF