Sowell Financial Services LLC Purchases 9,817 Shares of Pimco Total Return ETF $BOND

Sowell Financial Services LLC raised its position in Pimco Total Return ETF (NYSEARCA:BOND) by 3.8% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 265,987 shares of the exchange traded fund’s stock after purchasing an additional 9,817 shares during the period. Pimco Total Return ETF accounts for approximately 0.9% of Sowell Financial Services LLC’s portfolio, making the stock its 14th largest position. Sowell Financial Services LLC owned 0.35% of Pimco Total Return ETF worth $24,758,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Forvis Mazars Wealth Advisors LLC raised its stake in Pimco Total Return ETF by 0.5% during the third quarter. Forvis Mazars Wealth Advisors LLC now owns 22,640 shares of the exchange traded fund’s stock worth $2,113,000 after buying an additional 120 shares during the last quarter. Transce3nd LLC lifted its holdings in 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 buying an additional 124 shares during the period. ACT Advisors LLC. boosted its position in Pimco Total Return ETF by 2.7% during the fourth quarter. ACT Advisors LLC. now owns 4,720 shares of the exchange traded fund’s stock valued at $439,000 after acquiring an additional 124 shares during the last quarter. FSA Advisors Inc. grew its holdings in Pimco Total Return ETF by 2.3% during the 3rd quarter. FSA Advisors Inc. now owns 5,517 shares of the exchange traded fund’s stock worth $515,000 after acquiring an additional 125 shares during the period. Finally, Barnes Wealth Management Group Inc grew its holdings in Pimco Total Return ETF by 0.4% during the 3rd quarter. Barnes Wealth Management Group Inc now owns 34,098 shares of the exchange traded fund’s stock worth $3,183,000 after acquiring an additional 129 shares during the period.

Pimco Total Return ETF Stock Performance

BOND stock opened at $92.23 on Monday. The firm has a market cap of $7.73 billion, a PE ratio of 1.60 and a beta of 0.27. The stock has a 50-day moving average price of $93.22 and a 200-day moving average price of $93.41. Pimco Total Return ETF has a 1-year low of $88.95 and a 1-year high of $94.68.

Pimco Total Return ETF Cuts Dividend

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

About Pimco Total Return ETF

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.