BOND Grows At Record Pace

The fast-growing PIMCO Total Return ETF (BOND) hit yet another milestone last week in crossing the $3 billion mark in assets, Morningstar reports.

The seven-month old ETF currently is the largest active ETF, distancing its sibling PIMCO Enhanced Short Maturity Strategy ETF (MINT), which has a little more than $2 billion in assets, according to Morningstar. WisdomTree Emerging Markets Local Debt (ELD) trails both PIMCO ETFs with about $1.36 billion in assets, which is good for third place.