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

Pimco Total Return ETF (NYSE:BOND) saw a large increase in short interest in August. As of August 31st, there was short interest totaling 238,797 shares, an increase of 73.4% from the August 15th total of 137,714 shares. Currently, 0.3% of the company’s stock are sold short. Based on an average trading volume of 442,370 shares, the days-to-cover ratio is currently 0.5 days.

Pimco Total Return ETF Stock Performance

Shares of NYSE BOND traded down $0.10 during mid-day trading on Wednesday, reaching $88.56. 850,246 shares of the company traded hands, compared to its average volume of 543,519. The company’s fifty day moving average is $90.53 and its two-hundred day moving average is $91.64. Pimco Total Return ETF has a fifty-two week low of $88.53 and a fifty-two week high of $94.68. The stock has a market cap of $8.27 billion, a PE ratio of 1.60 and a beta of 0.27.

Hedge Funds Weigh In On Pimco Total Return ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Northwestern Mutual Wealth Management Co. boosted its stake in Pimco Total Return ETF by 48.0% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 125,862 shares of the exchange traded fund’s stock valued at $11,715,000 after buying an additional 40,808 shares in the last quarter. Envestnet Portfolio Solutions Inc. lifted its holdings in shares of Pimco Total Return ETF by 4.0% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 194,546 shares of the exchange traded fund’s stock valued at $18,108,000 after acquiring an additional 7,489 shares during the period. McGrath & Associates Inc. boosted its stake in shares of Pimco Total Return ETF by 12.0% in the 4th quarter. McGrath & Associates Inc. now owns 135,105 shares of the exchange traded fund’s stock valued at $12,576,000 after purchasing an additional 14,450 shares in the last quarter. MCF Advisors LLC acquired a new stake in shares of Pimco Total Return ETF in the 4th quarter valued at $2,871,000. Finally, Parr Mcknight Wealth Management Group LLC grew its holdings in shares of Pimco Total Return ETF by 16.3% in the 4th quarter. Parr Mcknight Wealth Management Group LLC now owns 141,358 shares of the exchange traded fund’s stock worth $13,158,000 after purchasing an additional 19,857 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.