JPMorgan Chase & Co. Increases Stock Position in Pimco Total Return ETF $BOND

JPMorgan Chase & Co. boosted its position in Pimco Total Return ETF (NYSEARCA:BOND) by 4.5% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 708,847 shares of the exchange traded fund’s stock after acquiring an additional 30,659 shares during the period. JPMorgan Chase & Co.’s holdings in Pimco Total Return ETF were worth $66,171,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of BOND. CWM LLC boosted its holdings in shares of 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 purchasing an additional 108,520 shares during the period. Osaic Holdings Inc. increased its holdings in Pimco Total Return ETF by 1.9% during the 2nd quarter. Osaic Holdings Inc. now owns 1,717,084 shares of the exchange traded fund’s stock valued at $158,294,000 after purchasing an additional 32,728 shares during the period. OneDigital Investment Advisors LLC increased its holdings in Pimco Total Return ETF by 7.8% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 1,432,496 shares of the exchange traded fund’s stock valued at $133,723,000 after purchasing an additional 103,252 shares during the period. Bank of America Corp DE raised its position in Pimco Total Return ETF by 13.6% during the 3rd quarter. Bank of America Corp DE now owns 1,229,129 shares of the exchange traded fund’s stock valued at $114,739,000 after purchasing an additional 146,863 shares during the last quarter. Finally, AE Wealth Management LLC raised its position in 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 valued at $93,736,000 after purchasing an additional 186,462 shares during the last quarter.

Pimco Total Return ETF Stock Performance

NYSEARCA BOND opened at $92.60 on Friday. The stock has a market cap of $7.15 billion, a P/E ratio of 1.60 and a beta of 0.27. Pimco Total Return ETF has a fifty-two week low of $88.95 and a fifty-two week high of $94.68. The stock has a 50 day simple moving average of $93.56 and a two-hundred day simple moving average of $93.50.

Pimco Total Return ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were issued a dividend of $0.39 per share. This represents a c) dividend on an annualized basis and a dividend yield of 5.1%. The ex-dividend date was Monday, March 2nd.

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.