Pimco Total Return ETF (NYSE:BOND) Sees Large Decrease in Short Interest

Pimco Total Return ETF (NYSE:BOND) was the recipient of a large decline in short interest in the month of September. As of September 30th, there was short interest totaling 33,891 shares, a decline of 73.0% from the September 15th total of 125,411 shares. Based on an average daily volume of 1,132,050 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

Institutional Investors Weigh In On Pimco Total Return ETF

Several hedge funds have recently modified their holdings of BOND. Scarborough Advisors LLC lifted its holdings in Pimco Total Return ETF by 102.0% during the 1st quarter. Scarborough Advisors LLC now owns 297 shares of the exchange traded fund’s stock worth $27,000 after buying an additional 150 shares in the last quarter. Beaird Harris Wealth Management LLC purchased a new position in Pimco Total Return ETF in the 2nd quarter valued at approximately $31,000. Cornerstone Planning Group LLC boosted its position in 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 buying an additional 129 shares during the period. Allianz Asset Management GmbH boosted its position in Pimco Total Return ETF by 55.2% in the 2nd quarter. Allianz Asset Management GmbH now owns 610 shares of the exchange traded fund’s stock valued at $56,000 after buying an additional 217 shares during the period. Finally, Bullock Wealth Management Group boosted its position in Pimco Total Return ETF by 294.9% in the 3rd quarter. Bullock Wealth Management Group now owns 699 shares of the exchange traded fund’s stock valued at $61,000 after buying an additional 522 shares during the period.

Pimco Total Return ETF Stock Performance

NYSE BOND traded up $0.12 during mid-day trading on Tuesday, reaching $87.08. 1,407,211 shares of the stock were exchanged, compared to its average volume of 604,287. The company has a market capitalization of $8.53 billion, a P/E ratio of 1.60 and a beta of 0.28. The business’s 50 day moving average is $89.22 and its 200-day moving average is $90.90. Pimco Total Return ETF has a 1 year low of $86.11 and a 1 year high of $94.68.

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.