Tectonic Advisors LLC Sells 21,557 Shares of Pimco Total Return ETF $BOND

Tectonic Advisors LLC cut its holdings in shares of Pimco Total Return ETF (NYSEARCA:BOND) by 1.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,574,069 shares of the exchange traded fund’s stock after selling 21,557 shares during the period. Pimco Total Return ETF accounts for about 8.0% of Tectonic Advisors LLC’s holdings, making the stock its biggest position. Tectonic Advisors LLC owned approximately 2.41% of Pimco Total Return ETF worth $146,939,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of BOND. Baird Financial Group Inc. grew its position in Pimco Total Return ETF by 2.7% during the 1st quarter. Baird Financial Group Inc. now owns 47,707 shares of the exchange traded fund’s stock worth $4,411,000 after purchasing an additional 1,234 shares during the last quarter. Royal Bank of Canada increased its holdings in shares of Pimco Total Return ETF by 2.4% in the first quarter. Royal Bank of Canada now owns 583,244 shares of the exchange traded fund’s stock valued at $53,933,000 after purchasing an additional 13,510 shares during the period. AQR Capital Management LLC raised its stake in shares of Pimco Total Return ETF by 7.6% during the first 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 during the last quarter. Banque Transatlantique SA purchased a new stake in shares of Pimco Total Return ETF during the first quarter worth approximately $36,000. Finally, Gotham Asset Management LLC lifted its holdings in shares of Pimco Total Return ETF by 517.2% during the first quarter. Gotham Asset Management LLC now owns 134,763 shares of the exchange traded fund’s stock worth $12,462,000 after purchasing an additional 112,930 shares during the period.

Pimco Total Return ETF Stock Performance

Shares of BOND opened at $93.08 on Friday. The stock has a market capitalization of $6.24 billion, a P/E ratio of 1.60 and a beta of 0.27. Pimco Total Return ETF has a 1 year low of $88.95 and a 1 year high of $94.56. The company’s fifty day moving average is $93.52 and its two-hundred day moving average is $92.81.

Pimco Total Return ETF Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Monday, January 5th. Investors of record on Wednesday, December 31st will be issued a dividend of $0.40 per share. This represents a c) annualized dividend and a yield of 5.2%. The ex-dividend date of this dividend is Wednesday, December 31st.

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.