Apollon Financial LLC Buys New Holdings in Pimco Total Return ETF $BOND

Apollon Financial LLC bought a new stake in Pimco Total Return ETF (NYSEARCA:BOND) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 5,713 shares of the exchange traded fund’s stock, valued at approximately $532,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. AE Wealth Management LLC lifted its stake in shares of Pimco Total Return ETF by 22.8% during 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 purchasing an additional 186,462 shares in the last quarter. Clearstead Advisors LLC lifted its stake in shares of Pimco Total Return ETF by 9.4% during 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 in the last quarter. Steph & Co. lifted its stake 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 worth $11,693,000 after purchasing an additional 8,264 shares in the last quarter. D.A. Davidson & CO. lifted its stake in shares of Pimco Total Return ETF by 40.7% during the third quarter. D.A. Davidson & CO. now owns 94,639 shares of the exchange traded fund’s stock worth $8,835,000 after purchasing an additional 27,364 shares in the last quarter. Finally, Asset Allocation Strategies LLC lifted its stake in shares of 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 worth $5,119,000 after purchasing an additional 20,389 shares in the last quarter.

Pimco Total Return ETF Price Performance

Shares of BOND opened at $92.51 on Friday. The stock’s 50-day moving average is $93.09 and its two-hundred day moving average is $93.38. The stock has a market cap of $7.76 billion, a PE ratio of 1.60 and a beta of 0.29. Pimco Total Return ETF has a 12 month low of $88.95 and a 12 month high of $94.68.

Pimco Total Return ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were paid a dividend of $0.39 per share. This represents a c) dividend on an annualized basis and a dividend 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.