Linscomb Wealth Inc. Grows Position in Pimco Total Return ETF $BOND

Linscomb Wealth Inc. lifted its position in shares of Pimco Total Return ETF (NYSEARCA:BOND) by 27.8% during the third quarter, Holdings Channel.com reports. The firm owned 76,276 shares of the exchange traded fund’s stock after acquiring an additional 16,613 shares during the period. Linscomb Wealth Inc.’s holdings in Pimco Total Return ETF were worth $7,120,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. CWM LLC boosted its holdings in Pimco Total Return ETF by 2.8% during the third quarter. CWM LLC now owns 3,971,761 shares of the exchange traded fund’s stock worth $370,764,000 after buying an additional 108,520 shares in the last quarter. Osaic Holdings Inc. raised its position 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 worth $158,294,000 after acquiring an additional 32,728 shares during the period. Bank of America Corp DE raised its position in shares of 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 acquiring an additional 74,769 shares during the period. AE Wealth Management LLC boosted its stake in shares of Pimco Total Return ETF by 22.8% during the 3rd 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 in the last quarter. Finally, NewEdge Advisors LLC boosted its stake in shares of Pimco Total Return ETF by 6.7% during the 2nd quarter. NewEdge Advisors LLC now owns 886,349 shares of the exchange traded fund’s stock worth $81,704,000 after acquiring an additional 55,560 shares in the last quarter.

Pimco Total Return ETF Stock Down 0.1%

NYSEARCA:BOND opened at $93.01 on Thursday. The stock has a market capitalization of $7.18 billion, a PE 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 $94.56. The stock’s 50-day moving average price is $93.40 and its 200-day moving average price is $93.17.

Pimco Total Return ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were given a $0.40 dividend. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 5.2%.

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.