Pimco Total Return ETF (NYSEARCA:BOND) Sees Unusually-High Trading Volume – Here’s What Happened

Shares of Pimco Total Return ETF (NYSEARCA:BOND) saw strong trading volume on Friday . 468,456 shares traded hands during trading, an increase of 56% from the previous session’s volume of 300,909 shares.The stock last traded at $89.24 and had previously closed at $90.07.

Pimco Total Return ETF Trading Down 0.3 %

The company’s 50-day simple moving average is $91.74 and its 200-day simple moving average is $91.72. The stock has a market capitalization of $5.39 billion, a price-to-earnings ratio of 1.63 and a beta of 0.27.

Institutional Trading of Pimco Total Return ETF

A number of institutional investors and hedge funds have recently bought and sold shares of BOND. CENTRAL TRUST Co bought a new position in Pimco Total Return ETF during the 4th quarter worth approximately $27,000. Transce3nd LLC bought a new position in Pimco Total Return ETF during the fourth quarter worth $28,000. Venturi Wealth Management LLC bought a new position in Pimco Total Return ETF during the fourth quarter worth $62,000. EverSource Wealth Advisors LLC lifted its holdings in Pimco Total Return ETF by 50.1% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,030 shares of the exchange traded fund’s stock valued at $93,000 after buying an additional 344 shares during the period. Finally, Kestra Investment Management LLC bought a new stake in Pimco Total Return ETF during the fourth quarter valued at $134,000.

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.