Pimco Total Return ETF (NYSE:BOND) Sets New 12-Month Low – Should You Sell?

Pimco Total Return ETF (NYSE:BOND) shares reached a new 52-week low during trading on Wednesday . The company traded as low as $88.51 and last traded at $88.51, with a volume of 98211 shares trading hands. The stock had previously closed at $89.05.

Pimco Total Return ETF Price Performance

The company has a 50 day moving average of $90.30 and a two-hundred day moving average of $91.45. The company has a market capitalization of $8.61 billion, a PE ratio of 1.60 and a beta of 0.27.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of BOND. LPL Financial LLC lifted its holdings in shares of Pimco Total Return ETF by 25.5% during the fourth quarter. LPL Financial LLC now owns 2,895,952 shares of the exchange traded fund’s stock valued at $269,555,000 after purchasing an additional 587,532 shares during the last quarter. Bank of America Corp DE increased its holdings in shares of Pimco Total Return ETF by 11.8% during the first quarter. Bank of America Corp DE now owns 1,625,567 shares of the exchange traded fund’s stock valued at $150,007,000 after acquiring an additional 171,674 shares in the last quarter. NewEdge Advisors LLC raised its position in shares of Pimco Total Return ETF by 10.3% in the 2nd quarter. NewEdge Advisors LLC now owns 1,474,136 shares of the exchange traded fund’s stock worth $135,930,000 after purchasing an additional 137,905 shares during the last quarter. Waverly Advisors LLC grew its position in Pimco Total Return ETF by 30.3% during the 2nd quarter. Waverly Advisors LLC now owns 1,332,448 shares of the exchange traded fund’s stock valued at $122,865,000 after purchasing an additional 310,172 shares during the last quarter. Finally, Koss Olinger Consulting LLC raised its holdings in Pimco Total Return ETF by 100.5% in the fourth quarter. Koss Olinger Consulting LLC now owns 1,315,663 shares of the exchange traded fund’s stock worth $122,462,000 after buying an additional 659,320 shares during the last quarter.

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.