Sheridan Capital Management LLC Decreases Stock Holdings in Pimco Total Return ETF $BOND

Sheridan Capital Management LLC decreased its holdings in shares of Pimco Total Return ETF (NYSEARCA:BOND) by 4.7% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 120,608 shares of the exchange traded fund’s stock after selling 5,968 shares during the period. Pimco Total Return ETF makes up about 5.9% of Sheridan Capital Management LLC’s holdings, making the stock its 5th largest holding. Sheridan Capital Management LLC owned 0.18% of Pimco Total Return ETF worth $11,259,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. CarsonAllaria Wealth Management Ltd. grew its holdings in shares of Pimco Total Return ETF by 7.9% during the third quarter. CarsonAllaria Wealth Management Ltd. now owns 65,266 shares of the exchange traded fund’s stock worth $6,093,000 after purchasing an additional 4,766 shares in the last quarter. First National Corp MA ADV raised its stake in Pimco Total Return ETF by 10.0% in the third quarter. First National Corp MA ADV now owns 107,131 shares of the exchange traded fund’s stock valued at $9,982,000 after purchasing an additional 9,722 shares in the last quarter. Concurrent Investment Advisors LLC lifted its position in Pimco Total Return ETF by 3.0% during the third quarter. Concurrent Investment Advisors LLC now owns 505,046 shares of the exchange traded fund’s stock valued at $47,146,000 after purchasing an additional 14,665 shares during the last quarter. O Connor Financial Group LLC grew its stake in Pimco Total Return ETF by 1.3% in the 3rd quarter. O Connor Financial Group LLC now owns 225,339 shares of the exchange traded fund’s stock worth $21,035,000 after buying an additional 2,976 shares in the last quarter. Finally, Decker Retirement Planning Inc. increased its holdings in shares of Pimco Total Return ETF by 5.2% in the 3rd quarter. Decker Retirement Planning Inc. now owns 5,975 shares of the exchange traded fund’s stock worth $558,000 after buying an additional 296 shares during the last quarter.

Pimco Total Return ETF Stock Performance

Pimco Total Return ETF stock opened at $93.68 on Friday. Pimco Total Return ETF has a fifty-two week low of $88.95 and a fifty-two week high of $94.56. The stock has a market cap of $6.95 billion, a P/E ratio of 1.60 and a beta of 0.27. The firm’s fifty day moving average price is $93.44 and its 200-day moving average price is $92.95.

Pimco Total Return ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Monday, January 5th. Shareholders of record on Wednesday, December 31st were given a dividend of $0.40 per share. The ex-dividend date was Wednesday, December 31st. This represents a c) dividend on an annualized basis and a 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.