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

Pimco Total Return ETF (NYSEARCA:BOND) saw strong trading volume on Wednesday . 1,387,749 shares changed hands during mid-day trading, an increase of 392% from the previous session’s volume of 282,028 shares.The stock last traded at $91.90 and had previously closed at $92.03.

Pimco Total Return ETF Trading Down 0.2 %

The stock’s 50 day moving average price is $91.04 and its 200 day moving average price is $92.14. The firm has a market cap of $5.41 billion, a PE ratio of 1.64 and a beta of 0.26.

Institutional Trading of Pimco Total Return ETF

Several hedge funds have recently bought and sold shares of the company. CENTRAL TRUST Co bought a new stake in shares of Pimco Total Return ETF during the 4th quarter worth about $27,000. Transce3nd LLC bought a new stake in shares of Pimco Total Return ETF during the 4th quarter worth about $28,000. SYM FINANCIAL Corp raised its position in shares of Pimco Total Return ETF by 2,431.6% during the 3rd quarter. SYM FINANCIAL Corp now owns 481 shares of the exchange traded fund’s stock worth $46,000 after buying an additional 462 shares in the last quarter. Venturi Wealth Management LLC bought a new stake in shares of Pimco Total Return ETF in the 4th quarter worth approximately $62,000. Finally, EverSource Wealth Advisors LLC raised its holdings in shares of Pimco Total Return ETF by 50.1% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,030 shares of the exchange traded fund’s stock worth $93,000 after purchasing an additional 344 shares in the last quarter.

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.