PIMCO Low Duration Exchange-Traded Fund (NYSEARCA:LDUR) Stock Price Up 0% – Here’s Why

Shares of PIMCO Low Duration Exchange-Traded Fund (NYSEARCA:LDUR) rose 0% on Wednesday . The stock traded as high as $95.23 and last traded at $95.13. Approximately 19,160 shares changed hands during mid-day trading, a decline of 59% from the average daily volume of 46,409 shares. The stock had previously closed at $95.10.

PIMCO Low Duration Exchange-Traded Fund Stock Down 0.2 %

The business has a 50 day moving average price of $95.43 and a 200 day moving average price of $95.08.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of LDUR. HighTower Advisors LLC raised its position in shares of PIMCO Low Duration Exchange-Traded Fund by 3.1% during the 3rd quarter. HighTower Advisors LLC now owns 224,477 shares of the company’s stock valued at $21,537,000 after purchasing an additional 6,809 shares during the period. Flow Traders U.S. LLC grew its holdings in PIMCO Low Duration Exchange-Traded Fund by 75.8% during the 3rd quarter. Flow Traders U.S. LLC now owns 9,138 shares of the company’s stock valued at $877,000 after buying an additional 3,941 shares in the last quarter. Strategy Asset Managers LLC purchased a new position in shares of PIMCO Low Duration Exchange-Traded Fund in the third quarter worth $206,000. Aviance Capital Partners LLC boosted its position in shares of PIMCO Low Duration Exchange-Traded Fund by 90.1% during the third quarter. Aviance Capital Partners LLC now owns 5,843 shares of the company’s stock worth $561,000 after acquiring an additional 2,770 shares during the last quarter. Finally, OneDigital Investment Advisors LLC increased its holdings in PIMCO Low Duration Exchange-Traded Fund by 8.4% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 161,388 shares of the company’s stock valued at $15,487,000 after acquiring an additional 12,483 shares during the last quarter.

PIMCO Low Duration Exchange-Traded Fund Company Profile

The PIMCO Enhanced Low Duration Active Exchange-Traded Fund (LDUR) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed broad-market, investment-grade bond fund with target duration between 1-3 years. LDUR was launched on Jan 22, 2014 and is managed by PIMCO.