Kelman Lazarov Inc. Raises Stake in Pimco Total Return ETF $BOND

Kelman Lazarov Inc. grew its holdings in Pimco Total Return ETF (NYSEARCA:BOND) by 4.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 251,298 shares of the exchange traded fund’s stock after acquiring an additional 11,436 shares during the period. Pimco Total Return ETF accounts for 3.5% of Kelman Lazarov Inc.’s portfolio, making the stock its 10th largest holding. Kelman Lazarov Inc. owned 0.38% of Pimco Total Return ETF worth $23,459,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Assetmark Inc. raised its stake in shares of Pimco Total Return ETF by 280.0% in the second quarter. Assetmark Inc. now owns 2,204 shares of the exchange traded fund’s stock worth $203,000 after buying an additional 1,624 shares during the period. AE Wealth Management LLC increased its holdings in Pimco Total Return ETF by 22.8% in the 3rd quarter. AE Wealth Management LLC now owns 1,004,137 shares of the exchange traded fund’s stock worth $93,736,000 after acquiring an additional 186,462 shares in the last quarter. Alpha Cubed Investments LLC increased its holdings in Pimco Total Return ETF by 17.1% in the 2nd quarter. Alpha Cubed Investments LLC now owns 219,571 shares of the exchange traded fund’s stock worth $20,240,000 after acquiring an additional 32,106 shares in the last quarter. Steph & Co. raised its stake in Pimco Total Return ETF by 7.1% during the 3rd quarter. Steph & Co. now owns 125,256 shares of the exchange traded fund’s stock worth $11,693,000 after acquiring an additional 8,264 shares during the period. Finally, D.A. Davidson & CO. lifted its holdings in Pimco Total Return ETF by 40.7% during the third quarter. D.A. Davidson & CO. now owns 94,639 shares of the exchange traded fund’s stock valued at $8,835,000 after purchasing an additional 27,364 shares in the last quarter.

Pimco Total Return ETF Price Performance

Shares of BOND stock opened at $94.61 on Monday. Pimco Total Return ETF has a one year low of $88.95 and a one year high of $94.68. The company has a market capitalization of $7.30 billion, a price-to-earnings ratio of 1.60 and a beta of 0.27. The company’s fifty day moving average price is $93.65 and its 200-day moving average price is $93.44.

Pimco Total Return ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd will be given a dividend of $0.39 per share. The ex-dividend date is Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 4.9%.

About Pimco Total Return ETF

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.