Investors pulled about $98 million from the Pimco Total Return ETF, according to data available on Pimco’s website that shows adjusted shares outstanding. That followed a record $446.5 million withdrawal on Sept. 26 as Gross announced his sudden departure from the firm he co-founded to join Janus Capital Group Inc.

The $3 billion ETF, which follows a similar investment strategy as Newport Beach, California-based Pimco’s flagship $222 billion mutual fund, has lost 0.2 percent since Sept. 25. Gross had overseen the fund since its March 2012 inception.

Pimco’s Chief Executive Officer Douglas Hodge said yesterday that the money manager, which oversees about $2 trillion, is ready for redemptions. Pimco’s Total Return mutual fund may see withdrawals of as much as $150 billion, or about two-thirds of its assets, according to a report by Atanasio Pantarrotas, an analyst at Paris-based broker Kepler Cheuvreux. Competitors at DoubleLine Capital LP, Bank of New York Mellon Corp.’s Standish unit and Western Asset Management Co. said they’ve already started seeing inflows.