In a recent interview with The Wall Street Journal, BOND manager Bill Gross said the ETF has “certainly exceeded our expectations.” [ETF Focus: PIMCO Total Return]
BOND has daily average volume of about 222,000 shares, according to MarketWatch.
“Our goal is to create broader access to the things we do, whether they are index funds or actively managed products, and it’s been somewhat gradual as we’ve gained familiarity and comfort with the ETF structure,” said Donald Suskind, head of ETF product management at PIMCO, in the FT article.
PIMCO Total Return ETF