PIMCO Low Duration Exchange-Traded Fund (NYSEARCA:LDUR) Sees Unusually-High Trading Volume

PIMCO Low Duration Exchange-Traded Fund (NYSEARCA:LDUR) saw unusually-high trading volume on Tuesday . Approximately 92,580 shares were traded during mid-day trading, an increase of 71% from the previous session’s volume of 54,103 shares.The stock last traded at $94.32 and had previously closed at $94.23.

PIMCO Low Duration Exchange-Traded Fund Stock Up 0.1 %

The company has a 50 day moving average price of $94.58 and a two-hundred day moving average price of $94.42.

Institutional Trading of PIMCO Low Duration Exchange-Traded Fund

A number of hedge funds have recently bought and sold shares of the company. NBC Securities Inc. purchased a new stake in PIMCO Low Duration Exchange-Traded Fund in the third quarter worth about $32,000. Householder Group Estate & Retirement Specialist LLC purchased a new stake in PIMCO Low Duration Exchange-Traded Fund in the fourth quarter worth about $32,000. Silver Oak Securities Incorporated purchased a new stake in PIMCO Low Duration Exchange-Traded Fund in the third quarter worth about $33,000. Future Financial Wealth Managment LLC purchased a new stake in PIMCO Low Duration Exchange-Traded Fund in the first quarter worth about $60,000. Finally, Principal Securities Inc. purchased a new stake in PIMCO Low Duration Exchange-Traded Fund in the fourth quarter worth about $75,000.

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.