Pimco Total Return ETF (BOND) Shares Sold by Pinnacle Associates Ltd.

Pinnacle Associates Ltd. trimmed its stake in shares of Pimco Total Return ETF (NYSEARCA:BOND) by 12.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 82,069 shares of the exchange traded fund’s stock after selling 11,666 shares during the quarter. Pinnacle Associates Ltd. owned approximately 0.42% of Pimco Total Return ETF worth $8,434,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in BOND. Rehmann Capital Advisory Group increased its position in shares of Pimco Total Return ETF by 9,650.3% during the third quarter. Rehmann Capital Advisory Group now owns 6,632,946 shares of the exchange traded fund’s stock worth $64,800,000 after buying an additional 6,564,918 shares during the period. Janney Capital Management LLC increased its position in shares of Pimco Total Return ETF by 6.4% during the fourth quarter. Janney Capital Management LLC now owns 848,120 shares of the exchange traded fund’s stock worth $87,161,000 after buying an additional 50,940 shares during the period. Morgan Stanley increased its position in shares of Pimco Total Return ETF by 3.6% during the third quarter. Morgan Stanley now owns 457,711 shares of the exchange traded fund’s stock worth $46,851,000 after buying an additional 15,769 shares during the period. Regis Management CO LLC increased its position in shares of Pimco Total Return ETF by 2.8% during the third quarter. Regis Management CO LLC now owns 393,902 shares of the exchange traded fund’s stock worth $40,320,000 after buying an additional 10,776 shares during the period. Finally, Kays Financial Advisory Corp ADV boosted its stake in Pimco Total Return ETF by 2.0% during the third quarter. Kays Financial Advisory Corp ADV now owns 377,906 shares of the exchange traded fund’s stock worth $38,682,000 after acquiring an additional 7,255 shares in the last quarter.

Shares of NYSEARCA BOND opened at $103.78 on Monday. Pimco Total Return ETF has a 12-month low of $100.80 and a 12-month high of $104.37.

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, February 6th. Shareholders of record on Monday, February 4th were paid a $0.32 dividend. This represents a $3.84 dividend on an annualized basis and a dividend yield of 3.70%. This is a positive change from Pimco Total Return ETF’s previous monthly dividend of $0.30. The ex-dividend date of this dividend was Friday, February 1st.

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Institutional Ownership by Quarter for Pimco Total Return ETF (NYSEARCA:BOND)

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