RFG Advisory LLC Trims Stock Position in Pimco Total Return ETF $BOND

RFG Advisory LLC cut its stake in Pimco Total Return ETF (NYSEARCA:BOND) by 15.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 176,709 shares of the exchange traded fund’s stock after selling 32,643 shares during the quarter. RFG Advisory LLC owned approximately 0.26% of Pimco Total Return ETF worth $16,496,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. AQR Capital Management LLC increased its position in shares of Pimco Total Return ETF by 7.6% in the first quarter. AQR Capital Management LLC now owns 7,486 shares of the exchange traded fund’s stock valued at $692,000 after buying an additional 531 shares in the last quarter. Goldman Sachs Group Inc. purchased a new position in Pimco Total Return ETF in the 1st quarter worth approximately $9,122,000. Kingswood Wealth Advisors LLC lifted its position in Pimco Total Return ETF by 13.0% during the second quarter. Kingswood Wealth Advisors LLC now owns 2,732 shares of the exchange traded fund’s stock worth $252,000 after buying an additional 315 shares in the last quarter. Concurrent Investment Advisors LLC increased its stake in shares of Pimco Total Return ETF by 9.4% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 490,381 shares of the exchange traded fund’s stock worth $45,203,000 after acquiring an additional 42,278 shares during the last quarter. Finally, Almanack Investment Partners LLC. acquired a new stake in Pimco Total Return ETF during the second quarter worth about $219,000.

Pimco Total Return ETF Price Performance

Shares of NYSEARCA BOND opened at $93.46 on Monday. The company has a 50 day simple moving average of $93.37 and a 200-day simple moving average of $93.20. The company has a market capitalization of $7.22 billion, a P/E ratio of 1.60 and a beta of 0.27. Pimco Total Return ETF has a 1 year low of $88.95 and a 1 year high of $94.56.

Pimco Total Return ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were issued a dividend of $0.40 per share. The ex-dividend date was Monday, February 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.