Pimco Total Return ETF (NYSEARCA:BOND) Sets New 52-Week High – What’s Next?

Pimco Total Return ETF (NYSEARCA:BOND)’s stock price hit a new 52-week high during trading on Friday . The stock traded as high as $94.68 and last traded at $94.5990, with a volume of 93004 shares changing hands. The stock had previously closed at $94.42.

Pimco Total Return ETF Trading Up 0.2%

The company’s 50-day moving average is $93.63 and its 200-day moving average is $93.40. The firm has a market cap of $7.31 billion, a price-to-earnings ratio of 1.60 and a beta of 0.27.

Pimco Total Return ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were paid a $0.40 dividend. The ex-dividend date was Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 5.1%.

Institutional Trading of Pimco Total Return ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Eagle Bay Advisors LLC bought a new stake in shares of Pimco Total Return ETF during the fourth quarter worth $27,000. Transce3nd LLC increased its holdings in Pimco Total Return ETF by 53.0% in the 2nd quarter. Transce3nd LLC now owns 358 shares of the exchange traded fund’s stock worth $33,000 after purchasing an additional 124 shares in the last quarter. Register Financial Advisors LLC raised its position in Pimco Total Return ETF by 129.7% in the fourth quarter. Register Financial Advisors LLC now owns 510 shares of the exchange traded fund’s stock valued at $47,000 after purchasing an additional 288 shares during the last quarter. Evolution Wealth Management Inc. acquired a new stake in shares of Pimco Total Return ETF during the fourth quarter valued at about $57,000. Finally, Redwood Park Advisors LLC bought a new stake in shares of Pimco Total Return ETF during the fourth quarter worth about $75,000.

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.