Taylor & Morgan Wealth Management LLC Buys 8,448 Shares of Pimco Total Return ETF $BOND

Taylor & Morgan Wealth Management LLC lifted its stake in shares of Pimco Total Return ETF (NYSEARCA:BOND) by 31.7% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 35,095 shares of the exchange traded fund’s stock after buying an additional 8,448 shares during the period. Pimco Total Return ETF comprises approximately 1.8% of Taylor & Morgan Wealth Management LLC’s investment portfolio, making the stock its 16th biggest position. Taylor & Morgan Wealth Management LLC’s holdings in Pimco Total Return ETF were worth $3,267,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Transce3nd LLC grew 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 acquiring an additional 124 shares during the last quarter. Lodestone Wealth Management LLC bought a new position in Pimco Total Return ETF in the fourth quarter valued at about $97,000. Colonial Trust Co SC bought a new position in Pimco Total Return ETF in the third quarter valued at about $103,000. Greykasell Wealth Strategies Inc. acquired a new stake in shares of Pimco Total Return ETF during the third quarter valued at about $107,000. Finally, Goodman Advisory Group LLC acquired a new stake in shares of Pimco Total Return ETF during the second quarter valued at about $123,000.

Pimco Total Return ETF Trading Down 0.3%

NYSEARCA:BOND opened at $92.02 on Thursday. The stock’s 50-day moving average is $93.27 and its 200-day moving average is $93.43. Pimco Total Return ETF has a 1-year low of $88.95 and a 1-year high of $94.68. The stock has a market cap of $7.10 billion, a P/E ratio of 1.60 and a beta of 0.27.

Pimco Total Return ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were given a dividend of $0.39 per share. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a yield of 5.1%.

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.