Pimco Total Return ETF (NYSEARCA:BOND) Reaches New 1-Year High at $94.50

Pimco Total Return ETF (NYSEARCA:BOND)’s stock price reached a new 52-week high on Thursday . The company traded as high as $94.50 and last traded at $94.34, with a volume of 28779 shares changing hands. The stock had previously closed at $94.20.

Pimco Total Return ETF Stock Up 0.0 %

The firm has a market cap of $4.34 billion, a PE ratio of 1.59 and a beta of 0.18. The firm’s 50 day moving average is $92.81 and its 200-day moving average is $91.45.

Institutional Investors Weigh In On Pimco Total Return ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. CWM LLC boosted its stake in Pimco Total Return ETF by 5.1% in the 2nd quarter. CWM LLC now owns 3,106,782 shares of the exchange traded fund’s stock worth $282,966,000 after buying an additional 150,977 shares during the last quarter. Tectonic Advisors LLC boosted its position in shares of Pimco Total Return ETF by 4.4% in the first quarter. Tectonic Advisors LLC now owns 1,779,677 shares of the exchange traded fund’s stock worth $163,481,000 after acquiring an additional 75,087 shares during the last quarter. LPL Financial LLC grew its holdings in Pimco Total Return ETF by 6.8% in the second quarter. LPL Financial LLC now owns 905,323 shares of the exchange traded fund’s stock valued at $82,457,000 after purchasing an additional 57,608 shares during the period. NewEdge Advisors LLC increased its position in Pimco Total Return ETF by 81.7% during the second quarter. NewEdge Advisors LLC now owns 447,056 shares of the exchange traded fund’s stock worth $40,718,000 after purchasing an additional 200,971 shares during the last quarter. Finally, Cetera Investment Advisers raised its stake in Pimco Total Return ETF by 14.7% during the second quarter. Cetera Investment Advisers now owns 397,740 shares of the exchange traded fund’s stock worth $36,226,000 after purchasing an additional 50,837 shares during the period.

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.