First Commonwealth Financial Corp PA Acquires Shares of 183,095 Pimco Total Return ETF $BOND

First Commonwealth Financial Corp PA bought a new position in shares of Pimco Total Return ETF (NYSEARCA:BOND) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 183,095 shares of the exchange traded fund’s stock, valued at approximately $17,092,000. Pimco Total Return ETF accounts for 2.9% of First Commonwealth Financial Corp PA’s portfolio, making the stock its 7th largest holding. First Commonwealth Financial Corp PA owned 0.27% of Pimco Total Return ETF as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in BOND. CWM LLC lifted its stake in shares of Pimco Total Return ETF by 2.8% in the 3rd quarter. CWM LLC now owns 3,971,761 shares of the exchange traded fund’s stock valued at $370,764,000 after purchasing an additional 108,520 shares during the period. Osaic Holdings Inc. grew its stake in shares of Pimco Total Return ETF by 1.9% during the second quarter. Osaic Holdings Inc. now owns 1,717,084 shares of the exchange traded fund’s stock worth $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% in the third 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 last quarter. Bank of America Corp DE increased its holdings in Pimco Total Return ETF by 13.6% in the third 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 lifted its stake in Pimco Total Return ETF by 22.8% in the third quarter. AE Wealth Management LLC now owns 1,004,137 shares of the exchange traded fund’s stock valued at $93,736,000 after buying an additional 186,462 shares during the period.

Pimco Total Return ETF Trading Up 0.2%

Shares of BOND opened at $92.90 on Wednesday. Pimco Total Return ETF has a 1 year low of $88.95 and a 1 year high of $94.68. The stock has a market cap of $7.17 billion, a P/E ratio of 1.60 and a beta of 0.27. The stock’s 50-day moving average price is $93.59 and its two-hundred day moving average price is $93.51.

Pimco Total Return ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were given a $0.39 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 5.0%. The ex-dividend date was Monday, March 2nd.

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.