Pimco Total Return ETF $BOND is Heirloom Wealth Management’s Largest Position

Heirloom Wealth Management raised its holdings in Pimco Total Return ETF (NYSEARCA:BOND) by 1.9% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 491,798 shares of the exchange traded fund’s stock after acquiring an additional 9,304 shares during the quarter. Pimco Total Return ETF makes up 10.6% of Heirloom Wealth Management’s holdings, making the stock its largest holding. Heirloom Wealth Management owned about 0.66% of Pimco Total Return ETF worth $45,777,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of BOND. AE Wealth Management LLC increased its position 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 acquiring an additional 186,462 shares during the period. Clearstead Advisors LLC boosted its holdings in shares of Pimco Total Return ETF by 9.4% in the third quarter. Clearstead Advisors LLC now owns 121,052 shares of the exchange traded fund’s stock valued at $11,300,000 after purchasing an additional 10,443 shares during the period. Steph & Co. boosted its holdings in shares of Pimco Total Return ETF by 7.1% in the third quarter. Steph & Co. now owns 125,256 shares of the exchange traded fund’s stock valued at $11,693,000 after purchasing an additional 8,264 shares during the period. D.A. Davidson & CO. boosted its holdings in shares of Pimco Total Return ETF by 40.7% in the third quarter. D.A. Davidson & CO. now owns 94,639 shares of the exchange traded fund’s stock valued at $8,835,000 after purchasing an additional 27,364 shares during the period. Finally, Asset Allocation Strategies LLC grew its stake in Pimco Total Return ETF by 59.2% in 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 Stock Up 0.2%

BOND opened at $92.28 on Wednesday. The stock’s fifty day moving average is $93.30 and its two-hundred day moving average is $93.44. The company has a market capitalization of $7.12 billion, a P/E ratio of 1.60 and a beta of 0.27. Pimco Total Return ETF has a 52 week low of $88.95 and a 52 week high of $94.68.

Pimco Total Return ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were given a dividend of $0.39 per share. 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%.

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.