Southland Equity Partners LLC Boosts Position in Pimco Total Return ETF $BOND

Southland Equity Partners LLC lifted its stake in shares of 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 & Exchange Commission. The firm owned 275,284 shares of the exchange traded fund’s stock after buying 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 owned about 0.37% of Pimco Total Return ETF worth $25,623,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Exchange Traded Concepts LLC lifted its position in shares of Pimco Total Return ETF by 5.7% during the 4th quarter. Exchange Traded Concepts LLC now owns 389,552 shares of the exchange traded fund’s stock valued at $36,260,000 after acquiring an additional 21,098 shares during the period. Romano Brothers AND Company grew its holdings in Pimco Total Return ETF by 34.8% in the fourth quarter. Romano Brothers AND Company now owns 16,408 shares of the exchange traded fund’s stock worth $1,527,000 after purchasing an additional 4,233 shares during the period. Dakota Wealth Management bought a new stake in Pimco Total Return ETF in the fourth quarter valued at $682,000. Mather Group LLC. increased its stake in Pimco Total Return ETF by 7.8% in the fourth quarter. Mather Group LLC. now owns 3,616 shares of the exchange traded fund’s stock valued at $337,000 after purchasing an additional 261 shares in the last quarter. Finally, Synergy Asset Management LLC acquired a new position in shares of Pimco Total Return ETF during the fourth quarter valued at about $542,000.

Pimco Total Return ETF Price Performance

BOND stock opened at $91.56 on Friday. The stock has a market capitalization of $7.07 billion, a PE ratio of 1.60 and a beta of 0.27. The company’s 50-day moving average is $93.34 and its 200-day moving average is $93.46. 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 company also recently declared 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.