Pimco Total Return ETF (NYSE:BOND – Get Free Report)’s share price hit a new 52-week low during trading on Tuesday. The company traded as low as $87.10 and last traded at $87.27, with a volume of 745391 shares traded. The stock had previously closed at $87.69.
Pimco Total Return ETF Stock Down 0.2%
The company’s fifty day moving average price is $89.85 and its two-hundred day moving average price is $91.22. The firm has a market cap of $8.47 billion, a PE ratio of 1.60 and a beta of 0.27.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently made changes to their positions in the company. Envestnet Portfolio Solutions Inc. lifted its position in shares of Pimco Total Return ETF by 11.2% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 179,754 shares of the exchange traded fund’s stock valued at $16,575,000 after acquiring an additional 18,140 shares in the last quarter. Envestnet Asset Management Inc. increased its position in Pimco Total Return ETF by 13.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,955,221 shares of the exchange traded fund’s stock worth $269,253,000 after purchasing an additional 340,777 shares in the last quarter. Security National Bank of Sioux City Iowa IA acquired a new position in Pimco Total Return ETF in the 2nd quarter valued at about $1,060,000. Bouchey Financial Group Ltd. acquired a new position in Pimco Total Return ETF in the 2nd quarter valued at about $50,336,000. Finally, Lunt Capital Management Inc. lifted its holdings in Pimco Total Return ETF by 1.3% in the 2nd quarter. Lunt Capital Management Inc. now owns 56,198 shares of the exchange traded fund’s stock valued at $5,182,000 after purchasing an additional 732 shares in 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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