JPMorgan Chase & Co. Acquires 30,659 Shares of Pimco Total Return ETF $BOND

JPMorgan Chase & Co. increased its holdings in Pimco Total Return ETF (NYSEARCA:BOND) by 4.5% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 708,847 shares of the exchange traded fund’s stock after purchasing an additional 30,659 shares during the quarter. JPMorgan Chase & Co. owned 1.06% of Pimco Total Return ETF worth $66,171,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in BOND. Transce3nd LLC grew its stake in shares of Pimco Total Return ETF by 53.0% during the second quarter. Transce3nd LLC now owns 358 shares of the exchange traded fund’s stock valued at $33,000 after buying an additional 124 shares during the last quarter. Colonial Trust Co SC bought a new stake in shares of Pimco Total Return ETF in the 3rd quarter valued at about $103,000. Greykasell Wealth Strategies Inc. bought a new stake in shares of Pimco Total Return ETF in the 3rd quarter valued at about $107,000. Goodman Advisory Group LLC purchased a new stake in Pimco Total Return ETF during the 2nd quarter valued at about $123,000. Finally, First PREMIER Bank boosted its holdings in Pimco Total Return ETF by 9,618.8% during the 3rd quarter. First PREMIER Bank now owns 1,555 shares of the exchange traded fund’s stock valued at $145,000 after acquiring an additional 1,539 shares during the period.

Pimco Total Return ETF Price Performance

BOND opened at $92.60 on Friday. The stock’s 50 day simple moving average is $93.56 and its 200 day simple moving average is $93.50. The firm has a market cap of $7.15 billion, a price-to-earnings 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.

Pimco Total Return ETF Cuts Dividend

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