Taylor & Morgan Wealth Management LLC Has $3.27 Million Holdings in Pimco Total Return ETF $BOND

Taylor & Morgan Wealth Management LLC increased its holdings in Pimco Total Return ETF (NYSEARCA:BOND) by 31.7% during the 4th quarter, HoldingsChannel.com reports. The firm owned 35,095 shares of the exchange traded fund’s stock after purchasing an additional 8,448 shares during the period. Pimco Total Return ETF accounts for approximately 1.8% of Taylor & Morgan Wealth Management LLC’s investment portfolio, making the stock its 16th biggest holding. Taylor & Morgan Wealth Management LLC’s holdings in Pimco Total Return ETF were worth $3,267,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Transce3nd LLC raised its position in Pimco Total Return ETF by 53.0% during the 2nd 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. Lodestone Wealth Management LLC bought a new stake in Pimco Total Return ETF in the fourth quarter valued at approximately $97,000. Colonial Trust Co SC acquired a new stake in Pimco Total Return ETF during the 3rd quarter valued at approximately $103,000. Greykasell Wealth Strategies Inc. acquired a new stake in Pimco Total Return ETF during the 3rd quarter valued at approximately $107,000. Finally, Goodman Advisory Group LLC acquired a new stake in Pimco Total Return ETF during the 2nd quarter valued at approximately $123,000.

Pimco Total Return ETF Stock Performance

Pimco Total Return ETF stock opened at $92.02 on Thursday. The firm has a market cap of $7.10 billion, a price-to-earnings ratio of 1.60 and a beta of 0.27. Pimco Total Return ETF has a 52-week low of $88.95 and a 52-week high of $94.68. The firm has a 50 day moving average price of $93.27 and a two-hundred day moving average price of $93.43.

Pimco Total Return ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Investors 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 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.