Envestnet Asset Management Inc. Sells 56,427 Shares of Pimco Total Return ETF $BOND

Envestnet Asset Management Inc. decreased its holdings in Pimco Total Return ETF (NYSEARCA:BOND) by 2.6% in the 3rd quarter, Holdings Channel.com reports. The firm owned 2,124,046 shares of the exchange traded fund’s stock after selling 56,427 shares during the period. Envestnet Asset Management Inc.’s holdings in Pimco Total Return ETF were worth $198,280,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. CWM LLC boosted its holdings in Pimco Total Return ETF by 2.8% in the 3rd quarter. CWM LLC now owns 3,971,761 shares of the exchange traded fund’s stock worth $370,764,000 after buying an additional 108,520 shares during the period. Osaic Holdings Inc. lifted its position in shares of Pimco Total Return ETF by 1.9% during the second quarter. Osaic Holdings Inc. now owns 1,717,084 shares of the exchange traded fund’s stock worth $158,294,000 after acquiring an additional 32,728 shares in the last quarter. Bank of America Corp DE boosted its holdings in shares of Pimco Total Return ETF by 7.4% in the second quarter. Bank of America Corp DE now owns 1,082,266 shares of the exchange traded fund’s stock worth $99,763,000 after acquiring an additional 74,769 shares during the period. AE Wealth Management LLC grew its position in shares of Pimco Total Return ETF by 22.8% in the third quarter. AE Wealth Management LLC now owns 1,004,137 shares of the exchange traded fund’s stock valued at $93,736,000 after purchasing an additional 186,462 shares in the last quarter. Finally, NewEdge Advisors LLC raised its stake in shares of Pimco Total Return ETF by 6.7% during the 2nd quarter. NewEdge Advisors LLC now owns 886,349 shares of the exchange traded fund’s stock valued at $81,704,000 after purchasing an additional 55,560 shares during the period.

Pimco Total Return ETF Stock Performance

Shares of BOND opened at $93.43 on Friday. The stock’s 50-day simple moving average is $93.38 and its 200 day simple moving average is $93.17. The stock has a market capitalization of $7.21 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 $94.56.

Pimco Total Return ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were issued a $0.40 dividend. 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, February 2nd.

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.