Dakota Wealth Management Buys Shares of 7,327 Pimco Total Return ETF $BOND

Dakota Wealth Management bought a new stake in shares of Pimco Total Return ETF (NYSEARCA:BOND) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 7,327 shares of the exchange traded fund’s stock, valued at approximately $682,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. CWM LLC boosted its position in Pimco Total Return ETF by 2.8% during the 3rd quarter. CWM LLC now owns 3,971,761 shares of the exchange traded fund’s stock valued at $370,764,000 after purchasing an additional 108,520 shares during the period. Osaic Holdings Inc. grew its stake in Pimco Total Return ETF by 1.9% during the 2nd quarter. Osaic Holdings Inc. now owns 1,717,084 shares of the exchange traded fund’s stock worth $158,294,000 after buying an additional 32,728 shares during the last quarter. OneDigital Investment Advisors LLC increased its position in Pimco Total Return ETF by 7.8% in the third quarter. OneDigital Investment Advisors LLC now owns 1,432,496 shares of the exchange traded fund’s stock worth $133,723,000 after buying an additional 103,252 shares during the period. Bank of America Corp DE increased its position in Pimco Total Return ETF by 13.6% in the third quarter. Bank of America Corp DE now owns 1,229,129 shares of the exchange traded fund’s stock worth $114,739,000 after buying an additional 146,863 shares during the period. Finally, AE Wealth Management LLC increased its position in Pimco Total Return ETF by 22.8% in the third quarter. AE Wealth Management LLC now owns 1,004,137 shares of the exchange traded fund’s stock worth $93,736,000 after buying an additional 186,462 shares during the period.

Pimco Total Return ETF Stock Performance

BOND stock opened at $92.05 on Tuesday. Pimco Total Return ETF has a 1 year low of $88.95 and a 1 year high of $94.68. The stock has a market capitalization of $7.11 billion, a price-to-earnings ratio of 1.60 and a beta of 0.27. The stock’s fifty day moving average is $93.31 and its two-hundred day moving average is $93.45.

Pimco Total Return ETF Cuts Dividend

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