PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (NYSEARCA:HYS) Sees Large Volume Increase – What’s Next?

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (NYSEARCA:HYS) shares saw strong trading volume on Tuesday . 173,673 shares traded hands during trading, an increase of 27% from the previous session’s volume of 137,025 shares.The stock last traded at $93.87 and had previously closed at $93.98.

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund Price Performance

The stock’s 50 day moving average is $94.54 and its two-hundred day moving average is $94.57.

Hedge Funds Weigh In On PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund

Large investors have recently bought and sold shares of the business. JPMorgan Chase & Co. raised its holdings in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 2,364.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 838,460 shares of the company’s stock worth $80,073,000 after buying an additional 804,436 shares during the period. BNP Paribas Financial Markets acquired a new position in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund in the 4th quarter worth $3,372,000. One Capital Management LLC increased its holdings in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 57.1% during the 4th quarter. One Capital Management LLC now owns 90,148 shares of the company’s stock worth $8,445,000 after purchasing an additional 32,780 shares in the last quarter. TD Private Client Wealth LLC raised its stake in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 13.7% in the 3rd quarter. TD Private Client Wealth LLC now owns 124,687 shares of the company’s stock valued at $11,908,000 after purchasing an additional 15,008 shares during the period. Finally, Advisors Preferred LLC lifted its holdings in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 10.7% in the fourth quarter. Advisors Preferred LLC now owns 93,444 shares of the company’s stock valued at $8,771,000 after purchasing an additional 9,004 shares in the last quarter.

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund Company Profile

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.