Pimco Total Return ETF (NYSE:BOND) Stock Price Breaks Above Fifty Day Moving Average – What’s Next?

Shares of Pimco Total Return ETF (NYSE:BOND – Get Free Report) crossed above its fifty day moving average during trading on Tuesday. The stock has a fifty day moving average of $88.65 and traded as high as $88.72. Pimco Total Return ETF shares last traded at $88.68, with a volume of 2,650,437 shares trading hands.

Pimco Total Return ETF Stock Up 0.1%

The company has a market capitalization of $8.69 billion, a PE ratio of 1.60 and a beta of 0.28. The stock has a 50-day moving average of $88.65 and a 200 day moving average of $91.39.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of BOND. Scarborough Advisors LLC boosted its stake in shares of Pimco Total Return ETF by 102.0% during the 1st quarter. Scarborough Advisors LLC now owns 297 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 150 shares during the period. Beaird Harris Wealth Management LLC purchased a new position in Pimco Total Return ETF in the second quarter valued at about $31,000. Latitude Advisors LLC purchased a new position in Pimco Total Return ETF in the third quarter valued at about $30,000. Cornerstone Planning Group LLC raised its holdings in Pimco Total Return ETF by 40.6% in the first quarter. Cornerstone Planning Group LLC now owns 447 shares of the exchange traded fund’s stock worth $41,000 after purchasing an additional 129 shares in the last quarter. Finally, SYM FINANCIAL Corp bought a new position in Pimco Total Return ETF in the third quarter worth about $40,000.

About Pimco Total Return ETF

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for Pimco Total Return ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pimco Total Return ETF and related companies with MarketBeat.com's FREE daily email newsletter.