Burt Wealth Advisors lifted its stake in Pimco Total Return ETF (NYSEARCA:BOND) by 193.4% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,641 shares of the exchange traded fund’s stock after purchasing an additional 2,400 shares during the period. Burt Wealth Advisors’ holdings in Pimco Total Return ETF were worth $373,000 at the end of the most recent quarter.
Other hedge funds have also made changes to their positions in the company. G&S Capital LLC increased its stake in Pimco Total Return ETF by 1.3% in the 3rd quarter. G&S Capital LLC now owns 55,942 shares of the exchange traded fund’s stock valued at $5,726,000 after buying an additional 728 shares during the last quarter. CWM LLC increased its stake in Pimco Total Return ETF by 65.7% in the 3rd quarter. CWM LLC now owns 102,862 shares of the exchange traded fund’s stock valued at $10,529,000 after buying an additional 40,791 shares during the last quarter. Sawtooth Solutions LLC increased its stake in shares of Pimco Total Return ETF by 4.8% during the 3rd quarter. Sawtooth Solutions LLC now owns 64,434 shares of the exchange traded fund’s stock worth $6,595,000 after purchasing an additional 2,944 shares during the last quarter. Palo Capital Inc. increased its stake in shares of Pimco Total Return ETF by 27.0% during the 3rd quarter. Palo Capital Inc. now owns 6,167 shares of the exchange traded fund’s stock worth $631,000 after purchasing an additional 1,312 shares during the last quarter. Finally, Creative Planning acquired a new position in shares of Pimco Total Return ETF during the 3rd quarter worth about $265,000.
Shares of BOND stock traded up $0.06 during midday trading on Thursday, hitting $101.29. 112,075 shares of the company were exchanged, compared to its average volume of 101,430. Pimco Total Return ETF has a 52 week low of $100.80 and a 52 week high of $106.67.
The firm also recently disclosed a monthly dividend, which was paid on Tuesday, November 6th. Shareholders of record on Friday, November 2nd were issued a $0.32 dividend. The ex-dividend date was Thursday, November 1st. This represents a $3.84 dividend on an annualized basis and a yield of 3.79%. This is an increase from Pimco Total Return ETF’s previous monthly dividend of $0.30.
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