Pimco Total Return ETF (NYSEARCA:BOND) Hits New 12-Month Low – Here’s Why

Pimco Total Return ETF (NYSEARCA:BOND) shares reached a new 52-week low on Thursday . The company traded as low as $90.40 and last traded at $90.44, with a volume of 30844 shares. The stock had previously closed at $90.73.

Pimco Total Return ETF Trading Up 0.1%

The firm has a market capitalization of $8.38 billion, a price-to-earnings ratio of 1.60 and a beta of 0.27. The company has a fifty day moving average price of $91.59 and a 200-day moving average price of $92.51.

Institutional Trading of Pimco Total Return ETF

Large investors have recently added to or reduced their stakes in the business. BCS Wealth Management raised its holdings in Pimco Total Return ETF by 128.8% in the 4th quarter. BCS Wealth Management now owns 134,349 shares of the exchange traded fund’s stock worth $12,505,000 after acquiring an additional 75,635 shares during the period. Acima Private Wealth LLC lifted its position in Pimco Total Return ETF by 18.9% during the 4th quarter. Acima Private Wealth LLC now owns 139,883 shares of the exchange traded fund’s stock worth $13,020,000 after acquiring an additional 22,222 shares during the last quarter. Affiance Financial LLC boosted its holdings in Pimco Total Return ETF by 33.6% during the fourth quarter. Affiance Financial LLC now owns 71,780 shares of the exchange traded fund’s stock valued at $6,681,000 after acquiring an additional 18,036 shares during the period. Novem Group boosted its holdings in Pimco Total Return ETF by 7.3% during the fourth quarter. Novem Group now owns 230,537 shares of the exchange traded fund’s stock valued at $21,458,000 after acquiring an additional 15,705 shares during the period. Finally, Northwestern Mutual Wealth Management Co. grew its position in shares of Pimco Total Return ETF by 48.0% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 125,862 shares of the exchange traded fund’s stock valued at $11,715,000 after purchasing an additional 40,808 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.