PNC Financial Services Group Inc. Buys 21,199 Shares of Pimco Total Return ETF $BOND

PNC Financial Services Group Inc. lifted its stake in Pimco Total Return ETF (NYSEARCA:BOND) by 12.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 186,770 shares of the exchange traded fund’s stock after buying an additional 21,199 shares during the period. PNC Financial Services Group Inc. owned about 0.28% of Pimco Total Return ETF worth $17,435,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. CWM LLC raised its holdings in Pimco Total Return ETF by 2.8% in the 3rd quarter. CWM LLC now owns 3,971,761 shares of the exchange traded fund’s stock valued at $370,764,000 after acquiring an additional 108,520 shares in the last quarter. Osaic Holdings Inc. raised its stake in shares of Pimco Total Return ETF by 1.9% in the second quarter. Osaic Holdings Inc. now owns 1,717,084 shares of the exchange traded fund’s stock valued at $158,294,000 after purchasing an additional 32,728 shares in the last quarter. Bank of America Corp DE lifted its position in Pimco Total Return ETF by 7.4% in the second quarter. Bank of America Corp DE now owns 1,082,266 shares of the exchange traded fund’s stock worth $99,763,000 after purchasing an additional 74,769 shares during the period. AE Wealth Management LLC boosted its stake in 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 buying an additional 186,462 shares in the last quarter. Finally, NewEdge Advisors LLC increased its holdings in Pimco Total Return ETF by 6.7% in the 2nd quarter. NewEdge Advisors LLC now owns 886,349 shares of the exchange traded fund’s stock valued at $81,704,000 after buying an additional 55,560 shares during the period.

Pimco Total Return ETF Stock Performance

NYSEARCA:BOND opened at $94.24 on Wednesday. The company has a 50-day moving average of $93.48 and a 200-day moving average of $93.31. Pimco Total Return ETF has a 52 week low of $88.95 and a 52 week high of $94.56. The company has a market capitalization of $7.28 billion, a price-to-earnings ratio of 1.60 and a beta of 0.27.

Pimco Total Return ETF Announces Dividend

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