Pimco Total Return ETF (NYSE:BOND – Get Free Report) saw a large decline in short interest during the month of October. As of October 30th, there was short interest totaling 98,347 shares, a decline of 82.3% from the October 15th total of 555,768 shares. Based on an average trading volume of 1,249,104 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the shares of the stock are short sold.
Hedge Funds Weigh In On Pimco Total Return ETF
Hedge funds have recently added to or reduced their stakes in the company. Howard Wealth Management LLC raised its position in Pimco Total Return ETF by 5.4% in the third quarter. Howard Wealth Management LLC now owns 2,328 shares of the exchange traded fund’s stock worth $203,000 after acquiring an additional 120 shares during the period. Procyon Advisors LLC lifted its stake in Pimco Total Return ETF by 2.2% in the 1st quarter. Procyon Advisors LLC now owns 5,632 shares of the exchange traded fund’s stock worth $520,000 after purchasing an additional 122 shares in the last quarter. Cornerstone Planning Group LLC raised its holdings in shares of Pimco Total Return ETF by 40.6% in the 1st quarter. Cornerstone Planning Group LLC now owns 447 shares of the exchange traded fund’s stock valued at $41,000 after acquiring an additional 129 shares in the last quarter. Scarborough Advisors LLC lifted its stake in Pimco Total Return ETF by 102.0% during the first quarter. Scarborough Advisors LLC now owns 297 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 150 shares during the last quarter. Finally, Signature Equity Partners LLC raised its stake in shares of Pimco Total Return ETF by 7.1% during the first quarter. Signature Equity Partners LLC now owns 2,824 shares of the exchange traded fund’s stock worth $261,000 after acquiring an additional 187 shares in the last quarter.
Pimco Total Return ETF Stock Down 0.2%
Shares of BOND traded down $0.18 during trading hours on Friday, hitting $87.51. The company had a trading volume of 1,059,913 shares, compared to its average volume of 665,976. Pimco Total Return ETF has a 52-week low of $86.11 and a 52-week high of $94.68. The stock’s 50 day moving average price is $88.21 and its 200 day moving average price is $91.10. The firm has a market cap of $9.05 billion, a P/E ratio of 1.60 and a beta of 0.28.
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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