Pimco Total Return ETF (NYSE:BOND – Get Free Report) shares reached a new 52-week low on Wednesday. The stock traded as low as $86.01 and last traded at $86.01, with a volume of 1,804 shares traded. The stock had previously closed at $87.08.
Pimco Total Return ETF Trading Down 0.5%
The business has a fifty day moving average price of $89.15 and a two-hundred day moving average price of $90.86. The company has a market cap of $8.49 billion, a price-to-earnings ratio of 1.60 and a beta of 0.28.
Hedge Funds Weigh In On Pimco Total Return ETF
A number of institutional investors have recently made changes to their positions in BOND. MFA Wealth Services raised its stake in shares of Pimco Total Return ETF by 8.9% in the third quarter. MFA Wealth Services now owns 13,232 shares of the exchange traded fund’s stock valued at $1,151,000 after purchasing an additional 1,084 shares in the last quarter. XY Planning Network Inc. boosted its stake in Pimco Total Return ETF by 39.3% during the 3rd quarter. XY Planning Network Inc. now owns 9,593 shares of the exchange traded fund’s stock worth $834,000 after acquiring an additional 2,704 shares during the last quarter. Womack Financial LLC raised its holdings in Pimco Total Return ETF by 9.7% during the 3rd quarter. Womack Financial LLC now owns 35,963 shares of the exchange traded fund’s stock worth $3,128,000 after buying an additional 3,188 shares during the period. B. Riley Wealth Advisors Inc. acquired a new stake in shares of Pimco Total Return ETF in the third quarter valued at approximately $5,616,000. Finally, Forvis Mazars Wealth Advisors LLC bought a new position in Pimco Total Return ETF in the third quarter valued at approximately $2,156,000.
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.
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