7,498 Shares in Pimco Total Return ETF $BOND Purchased by Westwood Wealth Management

Westwood Wealth Management acquired a new position in shares of Pimco Total Return ETF (NYSEARCA:BOND) during the 4th quarter, Holdings Channel reports. The fund acquired 7,498 shares of the exchange traded fund’s stock, valued at approximately $701,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Transce3nd LLC grew its holdings in shares of Pimco Total Return ETF by 53.0% in the second quarter. Transce3nd LLC now owns 358 shares of the exchange traded fund’s stock valued at $33,000 after purchasing an additional 124 shares in the last quarter. Lodestone Wealth Management LLC purchased a new stake in Pimco Total Return ETF during the fourth quarter valued at $97,000. Colonial Trust Co SC bought a new position in Pimco Total Return ETF during the third quarter valued at $103,000. Greykasell Wealth Strategies Inc. bought a new position in Pimco Total Return ETF during the third quarter valued at $107,000. Finally, Goodman Advisory Group LLC purchased a new position in shares of Pimco Total Return ETF in the 2nd quarter worth $123,000.

Pimco Total Return ETF Price Performance

Pimco Total Return ETF stock opened at $92.23 on Friday. The company’s 50-day moving average price is $93.22 and its 200-day moving average price is $93.41. The company has a market cap of $7.73 billion, a PE ratio of 1.60 and a beta of 0.27. Pimco Total Return ETF has a twelve month low of $88.95 and a twelve month high of $94.68.

Pimco Total Return ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were paid a dividend of $0.39 per share. This represents a c) annualized dividend and a yield of 5.1%. The ex-dividend date of this dividend was Monday, March 2nd.

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. BOND was launched on Mar 1, 2012 and is managed by PIMCO.