Concurrent Investment Advisors LLC Increases Stock Position in Pimco Total Return ETF $BOND

Concurrent Investment Advisors LLC raised its position in Pimco Total Return ETF (NYSEARCA:BOND) by 3.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 505,046 shares of the exchange traded fund’s stock after acquiring an additional 14,665 shares during the quarter. Pimco Total Return ETF makes up 0.8% of Concurrent Investment Advisors LLC’s investment portfolio, making the stock its 14th largest position. Concurrent Investment Advisors LLC’s holdings in Pimco Total Return ETF were worth $47,146,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Transce3nd LLC grew its stake in shares of Pimco Total Return ETF by 53.0% in the second quarter. Transce3nd LLC now owns 358 shares of the exchange traded fund’s stock worth $33,000 after purchasing an additional 124 shares during the last quarter. Steward Partners Investment Advisory LLC lifted its holdings in Pimco Total Return ETF by 0.6% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 25,410 shares of the exchange traded fund’s stock worth $2,342,000 after buying an additional 142 shares during the period. Decker Retirement Planning Inc. grew its position in shares of Pimco Total Return ETF by 2.6% in the 2nd quarter. Decker Retirement Planning Inc. now owns 5,679 shares of the exchange traded fund’s stock worth $523,000 after buying an additional 144 shares during the last quarter. Fiduciary Alliance LLC grew its position in shares of Pimco Total Return ETF by 0.5% in the 3rd quarter. Fiduciary Alliance LLC now owns 35,181 shares of the exchange traded fund’s stock worth $3,284,000 after buying an additional 160 shares during the last quarter. Finally, Blue Edge Capital LLC increased its stake in shares of Pimco Total Return ETF by 6.0% during the second quarter. Blue Edge Capital LLC now owns 3,082 shares of the exchange traded fund’s stock valued at $284,000 after buying an additional 175 shares during the period.

Pimco Total Return ETF Stock Up 0.0%

Shares of BOND stock opened at $93.59 on Tuesday. The stock has a fifty day moving average of $93.42 and a 200 day moving average of $92.92. Pimco Total Return ETF has a 52 week low of $88.95 and a 52 week high of $94.56. The firm has a market capitalization of $6.91 billion, a price-to-earnings ratio of 1.60 and a beta of 0.27.

Pimco Total Return ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Monday, January 5th. Stockholders of record on Wednesday, December 31st were given a $0.40 dividend. This represents a c) annualized dividend and a dividend yield of 5.1%. The ex-dividend date of this dividend was Wednesday, December 31st.

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.