BAM Wealth Management LLC Purchases Shares of 64,376 Pimco Total Return ETF $BOND

BAM Wealth Management LLC acquired a new position in shares of Pimco Total Return ETF (NYSEARCA:BOND) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 64,376 shares of the exchange traded fund’s stock, valued at approximately $6,010,000. Pimco Total Return ETF comprises 4.7% of BAM Wealth Management LLC’s holdings, making the stock its largest position. BAM Wealth Management LLC owned about 0.10% of Pimco Total Return ETF at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of BOND. AQR Capital Management LLC raised its stake in shares of Pimco Total Return ETF by 7.6% during the 1st quarter. AQR Capital Management LLC now owns 7,486 shares of the exchange traded fund’s stock worth $692,000 after purchasing an additional 531 shares in the last quarter. Goldman Sachs Group Inc. acquired a new position in Pimco Total Return ETF during the first quarter worth $9,122,000. Park Avenue Securities LLC raised its position in Pimco Total Return ETF by 31.7% during the second quarter. Park Avenue Securities LLC now owns 5,705 shares of the exchange traded fund’s stock worth $526,000 after acquiring an additional 1,374 shares in the last quarter. Perigon Wealth Management LLC acquired a new stake in Pimco Total Return ETF in the second quarter valued at $221,000. Finally, Steph & Co. grew its position in shares of Pimco Total Return ETF by 19.2% in the 2nd quarter. Steph & Co. now owns 116,992 shares of the exchange traded fund’s stock valued at $10,784,000 after acquiring an additional 18,841 shares during the period.

Pimco Total Return ETF Price Performance

Shares of BOND opened at $93.57 on Friday. The company has a market cap of $7.03 billion, a PE ratio of 1.60 and a beta of 0.27. The firm has a 50-day moving average of $93.43 and a 200-day moving average of $93.02. Pimco Total Return ETF has a one year low of $88.95 and a one year high of $94.56.

Pimco Total Return ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Monday, January 5th. Shareholders of record on Wednesday, December 31st were paid a $0.40 dividend. The ex-dividend date was Wednesday, December 31st. This represents a c) annualized dividend and a yield of 5.1%.

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.