Kelman Lazarov Inc. Has $23.46 Million Stake in Pimco Total Return ETF $BOND

Kelman Lazarov Inc. lifted its stake in Pimco Total Return ETF (NYSEARCA:BOND) by 4.8% in the third quarter, Holdings Channel.com reports. The firm owned 251,298 shares of the exchange traded fund’s stock after buying an additional 11,436 shares during the period. Pimco Total Return ETF comprises about 3.5% of Kelman Lazarov Inc.’s holdings, making the stock its 10th biggest position. Kelman Lazarov Inc.’s holdings in Pimco Total Return ETF were worth $23,459,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Fisher Asset Management LLC bought a new stake in Pimco Total Return ETF in the third quarter worth $231,000. Bright Futures Wealth Management LLC. purchased a new position in shares of Pimco Total Return ETF during the 3rd quarter worth about $795,000. PKS Advisory Services LLC boosted its stake in shares of Pimco Total Return ETF by 20.7% during the 3rd quarter. PKS Advisory Services LLC now owns 11,956 shares of the exchange traded fund’s stock worth $1,116,000 after purchasing an additional 2,052 shares during the period. Pinnacle Financial Group LLC IL grew its holdings in Pimco Total Return ETF by 70.0% during the 3rd quarter. Pinnacle Financial Group LLC IL now owns 32,130 shares of the exchange traded fund’s stock valued at $2,999,000 after purchasing an additional 13,230 shares during the last quarter. Finally, Advisor OS LLC lifted its stake in Pimco Total Return ETF by 13.8% in the third quarter. Advisor OS LLC now owns 14,226 shares of the exchange traded fund’s stock worth $1,328,000 after purchasing an additional 1,730 shares during the last quarter.

Pimco Total Return ETF Price Performance

Shares of NYSEARCA:BOND opened at $94.61 on Monday. The firm has a market capitalization of $7.30 billion, a PE ratio of 1.60 and a beta of 0.27. The business has a 50 day simple moving average of $93.65 and a two-hundred day simple moving average of $93.44. 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 disclosed a monthly dividend, which will be paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd will be given a $0.39 dividend. This represents a c) annualized dividend and a yield of 4.9%. The ex-dividend date of this dividend is Monday, March 2nd.

Pimco Total Return ETF Company 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.