USAdvisors Wealth Management LLC Has $6.40 Million Position in Pimco Total Return ETF $BOND

USAdvisors Wealth Management LLC boosted its position in Pimco Total Return ETF (NYSEARCA:BOND) by 9.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 68,601 shares of the exchange traded fund’s stock after buying an additional 6,063 shares during the quarter. Pimco Total Return ETF makes up about 2.2% of USAdvisors Wealth Management LLC’s holdings, making the stock its 11th biggest position. USAdvisors Wealth Management LLC owned about 0.10% of Pimco Total Return ETF worth $6,403,000 at the end of the most recent reporting period.

Several other institutional investors also recently added to or reduced their stakes in BOND. Kingsview Wealth Management LLC lifted its stake in shares of Pimco Total Return ETF by 6.2% in the third quarter. Kingsview Wealth Management LLC now owns 16,966 shares of the exchange traded fund’s stock valued at $1,584,000 after buying an additional 985 shares during the period. Kelman Lazarov Inc. boosted its stake in Pimco Total Return ETF by 4.8% during the third quarter. Kelman Lazarov Inc. now owns 251,298 shares of the exchange traded fund’s stock worth $23,459,000 after buying an additional 11,436 shares in the last quarter. Fisher Asset Management LLC bought a new stake in Pimco Total Return ETF in the 3rd quarter valued at $231,000. Bright Futures Wealth Management LLC. acquired a new position in shares of Pimco Total Return ETF in the 3rd quarter valued at $795,000. Finally, PKS Advisory Services LLC raised its stake in shares of Pimco Total Return ETF by 20.7% in the 3rd quarter. PKS Advisory Services LLC now owns 11,956 shares of the exchange traded fund’s stock valued at $1,116,000 after buying an additional 2,052 shares in the last quarter.

Pimco Total Return ETF Stock Performance

Shares of Pimco Total Return ETF stock opened at $93.69 on Wednesday. The firm has a market cap of $7.23 billion, a P/E ratio of 1.60 and a beta of 0.27. The firm’s 50-day simple moving average is $93.67 and its 200-day simple moving average is $93.46. Pimco Total Return ETF has a twelve month low of $88.95 and a twelve month high of $94.68.

Pimco Total Return ETF Cuts Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd will be issued a $0.39 dividend. The ex-dividend date of this dividend is Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 5.0%.

Pimco Total Return ETF Company 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.