Park Avenue Securities LLC Boosts Stake in Pimco Total Return ETF $BOND

Park Avenue Securities LLC increased its stake in Pimco Total Return ETF (NYSEARCA:BOND) by 210.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 13,244 shares of the exchange traded fund’s stock after purchasing an additional 8,975 shares during the quarter. Park Avenue Securities LLC’s holdings in Pimco Total Return ETF were worth $1,233,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of BOND. Transce3nd LLC increased its position 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 worth $33,000 after buying an additional 124 shares in the last quarter. Colonial Trust Co SC purchased a new position in shares of Pimco Total Return ETF during the 3rd quarter valued at about $103,000. Greykasell Wealth Strategies Inc. purchased a new position in shares of Pimco Total Return ETF during the 3rd quarter valued at about $107,000. Goodman Advisory Group LLC bought a new position in shares of Pimco Total Return ETF during the 2nd quarter valued at approximately $123,000. Finally, First PREMIER Bank grew its stake in shares of Pimco Total Return ETF by 9,618.8% during the 3rd quarter. First PREMIER Bank now owns 1,555 shares of the exchange traded fund’s stock valued at $145,000 after acquiring an additional 1,539 shares during the period.

Pimco Total Return ETF Trading Up 0.5%

Pimco Total Return ETF stock opened at $92.22 on Thursday. Pimco Total Return ETF has a 12-month low of $88.95 and a 12-month high of $94.68. The firm has a market capitalization of $7.12 billion, a price-to-earnings 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 $93.49.

Pimco Total Return ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were paid a $0.39 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend 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.