21,525 Shares in Pimco Total Return ETF $BOND Purchased by Tcfg Wealth Management LLC

Tcfg Wealth Management LLC bought a new stake in shares of Pimco Total Return ETF (NYSEARCA:BOND) during the 3rd quarter, Holdings Channel.com reports. The institutional investor bought 21,525 shares of the exchange traded fund’s stock, valued at approximately $2,009,000.

A number of other large investors also recently added to or reduced their stakes in BOND. AE Wealth Management LLC increased its holdings in Pimco Total Return ETF by 22.8% in the 3rd quarter. AE Wealth Management LLC now owns 1,004,137 shares of the exchange traded fund’s stock valued at $93,736,000 after acquiring an additional 186,462 shares during the last quarter. Steph & Co. grew its position in shares of Pimco Total Return ETF by 7.1% during the third quarter. Steph & Co. now owns 125,256 shares of the exchange traded fund’s stock valued at $11,693,000 after purchasing an additional 8,264 shares in the last quarter. Clearstead Advisors LLC increased its holdings in shares of Pimco Total Return ETF by 9.4% in the third quarter. Clearstead Advisors LLC now owns 121,052 shares of the exchange traded fund’s stock worth $11,300,000 after purchasing an additional 10,443 shares during the last quarter. D.A. Davidson & CO. lifted its position in shares of Pimco Total Return ETF by 40.7% in the third quarter. D.A. Davidson & CO. now owns 94,639 shares of the exchange traded fund’s stock worth $8,835,000 after buying an additional 27,364 shares in the last quarter. Finally, Asset Allocation Strategies LLC boosted its stake in Pimco Total Return ETF by 59.2% during the third quarter. Asset Allocation Strategies LLC now owns 54,833 shares of the exchange traded fund’s stock valued at $5,119,000 after buying an additional 20,389 shares during the last quarter.

Pimco Total Return ETF Price Performance

NYSEARCA BOND opened at $92.52 on Thursday. Pimco Total Return ETF has a 1-year low of $88.95 and a 1-year high of $94.68. The business has a 50 day simple moving average of $93.57 and a two-hundred day simple moving average of $93.50. The stock has a market capitalization of $7.14 billion, a PE ratio of 1.60 and a beta of 0.27.

Pimco Total Return ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were issued a $0.39 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 5.1%.

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.