Pimco Total Return ETF (NYSE:BOND) Short Interest Update

Pimco Total Return ETF (NYSE:BOND) was the target of a large drop in short interest during the month of September. As of September 15th, there was short interest totaling 125,411 shares, a drop of 47.5% from the August 31st total of 238,797 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 850,122 shares, the short-interest ratio is currently 0.1 days.

Pimco Total Return ETF Price Performance

NYSE:BOND traded down $0.15 during midday trading on Wednesday, reaching $86.91. 1,484,475 shares of the company traded hands, compared to its average volume of 576,496. The firm has a market capitalization of $8.47 billion, a price-to-earnings ratio of 1.60 and a beta of 0.27. The company has a fifty day moving average price of $89.85 and a 200 day moving average price of $91.22. Pimco Total Return ETF has a twelve month low of $86.80 and a twelve month high of $94.68.

Institutional Investors Weigh In On Pimco Total Return ETF

A number of hedge funds have recently added to or reduced their stakes in the stock. LPL Financial LLC increased its holdings in shares of Pimco Total Return ETF by 25.5% in the 4th quarter. LPL Financial LLC now owns 2,895,952 shares of the exchange traded fund’s stock worth $269,555,000 after acquiring an additional 587,532 shares during the period. Envestnet Asset Management Inc. lifted its position in Pimco Total Return ETF by 13.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 2,955,221 shares of the exchange traded fund’s stock valued at $269,253,000 after purchasing an additional 340,777 shares during the last quarter. Bank of America Corp DE boosted its stake in Pimco Total Return ETF by 11.8% during the 1st quarter. Bank of America Corp DE now owns 1,625,567 shares of the exchange traded fund’s stock valued at $150,007,000 after purchasing an additional 171,674 shares during the period. NewEdge Advisors LLC boosted its stake in Pimco Total Return ETF by 10.3% during the 2nd quarter. NewEdge Advisors LLC now owns 1,474,136 shares of the exchange traded fund’s stock valued at $135,930,000 after purchasing an additional 137,905 shares during the period. Finally, Waverly Advisors LLC grew its position in Pimco Total Return ETF by 30.3% in the 2nd quarter. Waverly Advisors LLC now owns 1,332,448 shares of the exchange traded fund’s stock worth $122,865,000 after purchasing an additional 310,172 shares during the last quarter.

Pimco Total Return ETF Company Profile

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.