PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (NYSEARCA:HYS – Get Free Report) shares rose 0.4% during trading on Thursday . The stock traded as high as $94.85 and last traded at $94.80. Approximately 181,431 shares were traded during mid-day trading, an increase of 28% from the average daily volume of 141,909 shares. The stock had previously closed at $94.43.
PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund Price Performance
The company has a 50 day moving average price of $94.68 and a 200 day moving average price of $93.59.
Institutional Investors Weigh In On PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund
Several hedge funds and other institutional investors have recently modified their holdings of the company. Financial Management Professionals Inc. grew its position in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 6.8% in the 3rd quarter. Financial Management Professionals Inc. now owns 208,386 shares of the company’s stock valued at $19,901,000 after purchasing an additional 13,303 shares during the period. Strategic Advocates LLC lifted its stake in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 8.4% in the third quarter. Strategic Advocates LLC now owns 94,711 shares of the company’s stock valued at $9,045,000 after buying an additional 7,319 shares in the last quarter. NewSquare Capital LLC lifted its stake in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 13.4% in the second quarter. NewSquare Capital LLC now owns 15,991 shares of the company’s stock valued at $1,482,000 after buying an additional 1,888 shares in the last quarter. Farther Finance Advisors LLC grew its holdings in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 86.5% during the third quarter. Farther Finance Advisors LLC now owns 3,675 shares of the company’s stock valued at $351,000 after buying an additional 1,704 shares during the last quarter. Finally, Family Firm Inc. bought a new stake in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund during the second quarter worth about $89,000.
About PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund
The PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (HYS) is an exchange-traded fund that mostly invests in high yield fixed income. The fund aims to capture exposure to the short maturity segment of the high-yield corporate bond sector. HYS was launched on Jun 16, 2011 and is managed by PIMCO.
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