Pimco Total Return ETF (NYSE:BOND) Hits New 12-Month Low – Here’s What Happened

Shares of Pimco Total Return ETF (NYSE:BOND) reached a new 52-week low on Wednesday . The company traded as low as $89.65 and last traded at $89.66, with a volume of 158613 shares traded. The stock had previously closed at $89.99.

Pimco Total Return ETF Stock Performance

The stock’s 50-day simple moving average is $90.80 and its 200 day simple moving average is $91.82. The company has a market capitalization of $8.38 billion, a PE ratio of 1.60 and a beta of 0.27.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Northwestern Mutual Wealth Management Co. increased its position in shares of 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 worth $11,715,000 after purchasing an additional 40,808 shares during the last quarter. Envestnet Portfolio Solutions Inc. increased its holdings in Pimco Total Return ETF by 4.0% in 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 buying an additional 7,489 shares during the last quarter. McGrath & Associates Inc. increased its holdings in Pimco Total Return ETF by 12.0% in the fourth quarter. McGrath & Associates Inc. now owns 135,105 shares of the exchange traded fund’s stock valued at $12,576,000 after buying an additional 14,450 shares during the last quarter. Parr Mcknight Wealth Management Group LLC raised its stake in Pimco Total Return ETF by 16.3% during the fourth quarter. Parr Mcknight Wealth Management Group LLC now owns 141,358 shares of the exchange traded fund’s stock valued at $13,158,000 after buying an additional 19,857 shares in the last quarter. Finally, MCF Advisors LLC acquired a new stake in Pimco Total Return ETF during the fourth quarter valued at approximately $2,871,000.

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.