Accredited Wealth Management LLC Has $1.07 Million Stock Holdings in Pimco Total Return ETF $BOND

Accredited Wealth Management LLC trimmed its position in shares of Pimco Total Return ETF (NYSEARCA:BOND) by 58.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 11,480 shares of the exchange traded fund’s stock after selling 16,278 shares during the period. Pimco Total Return ETF makes up approximately 0.9% of Accredited Wealth Management LLC’s holdings, making the stock its 25th largest holding. Accredited Wealth Management LLC’s holdings in Pimco Total Return ETF were worth $1,072,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of BOND. AQR Capital Management LLC increased its position in shares of Pimco Total Return ETF by 7.6% during the first quarter. AQR Capital Management LLC now owns 7,486 shares of the exchange traded fund’s stock valued at $692,000 after purchasing an additional 531 shares during the period. Goldman Sachs Group Inc. bought a new stake in Pimco Total Return ETF in the 1st quarter valued at $9,122,000. Arkadios Wealth Advisors increased its holdings in Pimco Total Return ETF by 5.2% in the 2nd quarter. Arkadios Wealth Advisors now owns 11,020 shares of the exchange traded fund’s stock valued at $1,016,000 after buying an additional 543 shares during the period. Assetmark Inc. raised its stake in shares of Pimco Total Return ETF by 280.0% in the 2nd quarter. Assetmark Inc. now owns 2,204 shares of the exchange traded fund’s stock valued at $203,000 after buying an additional 1,624 shares in the last quarter. Finally, Savvy Advisors Inc. bought a new position in shares of Pimco Total Return ETF during the 2nd quarter worth about $235,000.

Pimco Total Return ETF Stock Performance

Shares of Pimco Total Return ETF stock opened at $94.61 on Friday. The firm has a market cap of $7.30 billion, a P/E ratio of 1.60 and a beta of 0.27. The firm’s 50-day simple moving average is $93.65 and its 200-day simple moving average is $93.42. Pimco Total Return ETF has a twelve month low of $88.95 and a twelve month high of $94.68.

Pimco Total Return ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd were issued a dividend of $0.40 per share. This represents a c) dividend on an annualized basis and a yield of 5.1%. The ex-dividend date of this dividend was Monday, February 2nd.

Pimco Total Return ETF 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.