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

Pimco Total Return ETF (NYSEARCA:BOND)’s share price hit a new 52-week low on Tuesday . The stock traded as low as $89.86 and last traded at $89.87, with a volume of 25268 shares. The stock had previously closed at $90.42.

Pimco Total Return ETF Stock Down 0.5%

The business has a 50-day moving average price of $91.09 and a 200-day moving average price of $92.00. The firm has a market capitalization of $8.40 billion, a PE ratio of 1.60 and a beta of 0.27.

Institutional Trading of Pimco Total Return ETF

Large investors have recently added to or reduced their stakes in the stock. Procyon Advisors LLC increased its stake in shares of 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 acquiring an additional 122 shares during the last quarter. Beacon Financial Advisory LLC boosted its position in shares of Pimco Total Return ETF by 1.0% during the 4th quarter. Beacon Financial Advisory LLC now owns 12,659 shares of the exchange traded fund’s stock valued at $1,178,000 after acquiring an additional 129 shares during the last quarter. Founders Financial Securities LLC boosted its position in shares of Pimco Total Return ETF by 3.9% during the 1st quarter. Founders Financial Securities LLC now owns 3,437 shares of the exchange traded fund’s stock valued at $318,000 after acquiring an additional 129 shares during the last quarter. Cornerstone Planning Group LLC grew its holdings in shares of Pimco Total Return ETF by 40.6% in the first quarter. Cornerstone Planning Group LLC now owns 447 shares of the exchange traded fund’s stock valued at $41,000 after purchasing an additional 129 shares during the period. Finally, Barnes Wealth Management Group Inc grew its holdings in shares of Pimco Total Return ETF by 0.4% in the third quarter. Barnes Wealth Management Group Inc now owns 34,098 shares of the exchange traded fund’s stock valued at $3,183,000 after purchasing an additional 129 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. BOND was launched on Mar 1, 2012 and is managed by PIMCO.