Shares of Pimco Total Return ETF (NYSEARCA:BOND – Get Free Report) hit a new 52-week low on Friday . The stock traded as low as $90.36 and last traded at $90.38, with a volume of 419429 shares trading hands. The stock had previously closed at $90.79.
Pimco Total Return ETF Stock Down 0.3%
The stock has a 50 day moving average of $91.55 and a 200 day moving average of $92.42. The company has a market capitalization of $8.42 billion, a price-to-earnings ratio of 1.60 and a beta of 0.27.
Institutional Inflows and Outflows
Hedge funds have recently added to or reduced their stakes in the company. CWM LLC boosted its stake in shares of Pimco Total Return ETF by 4.5% in the 4th quarter. CWM LLC now owns 4,149,576 shares of the exchange traded fund’s stock valued at $386,243,000 after purchasing an additional 177,815 shares during the last quarter. Morgan Stanley raised its stake in Pimco Total Return ETF by 14.2% during the fourth quarter. Morgan Stanley now owns 3,380,670 shares of the exchange traded fund’s stock worth $314,673,000 after buying an additional 419,755 shares during the last quarter. LPL Financial LLC lifted its holdings in Pimco Total Return ETF by 25.5% in the fourth quarter. LPL Financial LLC now owns 2,895,952 shares of the exchange traded fund’s stock valued at $269,555,000 after buying an additional 587,532 shares during the period. Wells Fargo & Company MN lifted its holdings in Pimco Total Return ETF by 23.8% in the fourth quarter. Wells Fargo & Company MN now owns 1,983,801 shares of the exchange traded fund’s stock valued at $184,652,000 after buying an additional 381,305 shares during the period. Finally, Bank of America Corp DE boosted its position in Pimco Total Return ETF by 11.8% during the first 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 acquiring an additional 171,674 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.
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