Pimco Total Return ETF (NYSEARCA:BOND) Share Price Passes Above Two Hundred Day Moving Average of $91.05

Pimco Total Return ETF (NYSEARCA:BOND)’s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $91.05 and traded as high as $91.80. Pimco Total Return ETF shares last traded at $91.74, with a volume of 299,499 shares changing hands.

Pimco Total Return ETF Price Performance

The company has a market capitalization of $4.22 billion, a price-to-earnings ratio of 1.59 and a beta of 0.18. The firm has a 50-day moving average price of $90.26 and a two-hundred day moving average price of $91.05.

Institutional Trading of Pimco Total Return ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Mark Sheptoff Financial Planning LLC acquired a new position in Pimco Total Return ETF during the first quarter worth $30,000. Palisade Asset Management LLC acquired a new position in shares of Pimco Total Return ETF during the 1st quarter worth about $49,000. EverSource Wealth Advisors LLC raised its holdings in shares of Pimco Total Return ETF by 75.1% in the 1st quarter. EverSource Wealth Advisors LLC now owns 842 shares of the exchange traded fund’s stock valued at $75,000 after purchasing an additional 361 shares during the period. Hartline Investment Corp acquired a new stake in Pimco Total Return ETF in the 1st quarter valued at about $212,000. Finally, Manhattan West Asset Management LLC bought a new position in Pimco Total Return ETF during the first quarter worth about $295,000.

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.