Pimco Total Return ETF (NYSE:BOND) Shares Shorted: Short Interest Down 73.0% in September

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

Institutional Trading of Pimco Total Return ETF

A number of hedge funds and other institutional investors have recently modified their holdings of BOND. Taylor & Morgan Wealth Management LLC grew its stake in Pimco Total Return ETF by 9.7% in the third quarter. Taylor & Morgan Wealth Management LLC now owns 62,106 shares of the exchange traded fund’s stock valued at $5,403,000 after purchasing an additional 5,484 shares in the last quarter. Bullock Wealth Management Group increased its position in shares of Pimco Total Return ETF by 294.9% during the 3rd quarter. Bullock Wealth Management Group now owns 699 shares of the exchange traded fund’s stock worth $61,000 after purchasing an additional 522 shares during the last quarter. Avaii Wealth Management LLC increased its position in shares of Pimco Total Return ETF by 6.7% during the 3rd quarter. Avaii Wealth Management LLC now owns 3,444 shares of the exchange traded fund’s stock worth $298,000 after purchasing an additional 216 shares during the last quarter. Breakwater Capital Group acquired a new position in shares of Pimco Total Return ETF during the 3rd quarter worth approximately $1,162,000. Finally, Eclectic Associates Inc. ADV acquired a new position in shares of Pimco Total Return ETF during the 3rd quarter worth approximately $40,405,000.

Pimco Total Return ETF Price Performance

BOND stock traded down $0.01 during midday trading on Monday, hitting $86.94. The company’s stock had a trading volume of 522,576 shares, compared to its average volume of 600,158. The company’s fifty day moving average price is $89.29 and its 200 day moving average price is $90.93. Pimco Total Return ETF has a twelve month low of $86.11 and a twelve month high of $94.68. The stock has a market capitalization of $8.52 billion, a P/E ratio of 1.60 and a beta of 0.28.

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. BOND was launched on Mar 1, 2012 and is managed by PIMCO.