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

On January 5th, 2025, it was reported that JPMorgan Chase & Co. increased its holdings in the Pimco Total Return ETF (NYSEARCA:BOND) by 19.5% during the third quarter. The financial institution now possesses 533,646 shares of this exchange-traded fund (ETF), having added 87,231 shares to its portfolio during the quarter. By the end of this reporting period, JPMorgan Chase's stakes in the Pimco Total Return ETF were valued at approximately $50.49 million.

Additionally, several other institutional investors also adjusted their stakes in the Pimco Total Return ETF. CWM LLC, for instance, boosted its position by 16.3%, now holding 3,612,414 shares valued at around $341.77 million after acquiring 505,632 shares in the last quarter. Meanwhile, Tectonic Advisors LLC increased its holdings by 1.2%, reaching 1,828,250 shares worth $172.97 million after buying 20,982 shares in the same period.

LPL Financial LLC reported a significant increase of 40.7% in its investment, now owning 1,273,677 shares valued at $120.50 million after purchasing an additional 368,354 shares. OneDigital Investment Advisors LLC also raised its stake in the ETF by 22.4%, owning 1,024,870 shares worth $96.96 million after acquiring 187,822 shares last quarter. Commonwealth Equity Services LLC raised its holdings by 48.5%, adding 173,144 shares to reach a total of 530,362 shares valued at $50.18 million.

Pimco Total Return ETF Performance

As of the latest data, the shares of the Pimco Total Return ETF were trading at $90.35, representing a slight decline of 0.1%. The ETF has fluctuated between a twelve-month low of $88.88 and a high of $95.32. Its fifty-day simple moving average stands at $91.52, and the 200-day simple moving average is at $92.55. With a market capitalization of $4.16 billion, the ETF has a price-to-earnings (P/E) ratio of 1.59 and a beta of 0.18, indicating low volatility compared to the market.

Overview of Pimco Total Return ETF

The Pimco Active Bond Exchange-Traded Fund (BOND) is designed on the Barclays U.S. Aggregate index. This actively managed fund seeks to generate consistent dividend income by investing in a diverse range of fixed-income sectors, employing strategies that optimize yield within its portfolio.

JPMorgan, Pimco, ETF