Southland Equity Partners LLC Raises Holdings in Pimco Total Return ETF $BOND

Southland Equity Partners LLC boosted its holdings in Pimco Total Return ETF (NYSEARCA:BOND) by 4.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 275,284 shares of the exchange traded fund’s stock after purchasing an additional 10,636 shares during the quarter. Pimco Total Return ETF comprises approximately 5.1% of Southland Equity Partners LLC’s investment portfolio, making the stock its 3rd largest holding. Southland Equity Partners LLC’s holdings in Pimco Total Return ETF were worth $25,623,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Transce3nd LLC lifted 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 valued at $33,000 after buying an additional 124 shares in the last quarter. Colonial Trust Co SC acquired a new position in shares of Pimco Total Return ETF during the third quarter valued at about $103,000. Greykasell Wealth Strategies Inc. bought a new stake in shares of Pimco Total Return ETF during the third quarter worth about $107,000. Goodman Advisory Group LLC bought a new stake in shares of Pimco Total Return ETF during the second quarter worth about $123,000. Finally, First PREMIER Bank raised its holdings in shares of Pimco Total Return ETF by 9,618.8% in the 3rd quarter. First PREMIER Bank now owns 1,555 shares of the exchange traded fund’s stock worth $145,000 after acquiring an additional 1,539 shares during the last quarter.

Pimco Total Return ETF Stock Performance

Shares of NYSEARCA BOND opened at $91.56 on Friday. The stock has a market cap of $7.07 billion, a price-to-earnings ratio of 1.60 and a beta of 0.27. Pimco Total Return ETF has a fifty-two week low of $88.95 and a fifty-two week high of $94.68. The firm’s 50-day simple moving average is $93.34 and its 200 day simple moving average is $93.46.

Pimco Total Return ETF Cuts Dividend

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