Elevation Point Wealth Partners LLC Takes Position in Pimco Total Return ETF $BOND

Elevation Point Wealth Partners LLC acquired a new position in shares of Pimco Total Return ETF (NYSEARCA:BOND) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 169,176 shares of the exchange traded fund’s stock, valued at approximately $15,793,000. Pimco Total Return ETF accounts for about 1.1% of Elevation Point Wealth Partners LLC’s portfolio, making the stock its 17th largest holding. Elevation Point Wealth Partners LLC owned approximately 0.25% of Pimco Total Return ETF as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also made changes to their positions in the company. Ausdal Financial Partners Inc. raised its position in Pimco Total Return ETF by 238.5% in the third quarter. Ausdal Financial Partners Inc. now owns 8,509 shares of the exchange traded fund’s stock worth $794,000 after purchasing an additional 5,995 shares in the last quarter. Bank of America Corp DE lifted its stake in Pimco Total Return ETF by 13.6% during the third quarter. Bank of America Corp DE now owns 1,229,129 shares of the exchange traded fund’s stock worth $114,739,000 after purchasing an additional 146,863 shares during the period. Raymond James Financial Inc. boosted its holdings in Pimco Total Return ETF by 26.4% during the third quarter. Raymond James Financial Inc. now owns 615,305 shares of the exchange traded fund’s stock valued at $57,439,000 after purchasing an additional 128,511 shares in the last quarter. Barnes Wealth Management Group Inc boosted its holdings in Pimco Total Return ETF by 0.4% during the third quarter. Barnes Wealth Management Group Inc now owns 34,098 shares of the exchange traded fund’s stock valued at $3,183,000 after purchasing an additional 129 shares in the last quarter. Finally, Comerica Bank grew its stake in shares of Pimco Total Return ETF by 1.8% in the 3rd quarter. Comerica Bank now owns 38,244 shares of the exchange traded fund’s stock valued at $3,570,000 after purchasing an additional 659 shares during the period.

Pimco Total Return ETF Trading Down 0.2%

Shares of BOND opened at $92.32 on Friday. The stock has a market cap of $7.13 billion, a PE ratio of 1.60 and a beta of 0.27. Pimco Total Return ETF has a 1 year low of $88.95 and a 1 year high of $94.68. The stock has a 50 day simple moving average of $93.61 and a 200-day simple moving average of $93.50.

Pimco Total Return ETF Cuts Dividend

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

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.