PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (NYSEARCA:CORP) Sees Strong Trading Volume

Shares of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (NYSEARCA:CORP) saw an uptick in trading volume on Thursday . 216,939 shares were traded during mid-day trading, an increase of 210% from the previous session’s volume of 69,889 shares.The stock last traded at $96.77 and had previously closed at $96.89.

PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund Stock Performance

The stock has a 50 day simple moving average of $95.65 and a 200 day simple moving average of $95.32.

Institutional Trading of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund

A number of institutional investors and hedge funds have recently made changes to their positions in CORP. Householder Group Estate & Retirement Specialist LLC bought a new position in shares of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund in the fourth quarter worth about $29,000. Future Financial Wealth Managment LLC acquired a new position in shares of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund during the first quarter worth $38,000. Tidemark LLC acquired a new stake in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund in the fourth quarter valued at $84,000. Comerica Bank raised its position in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund by 101.0% during the 1st quarter. Comerica Bank now owns 5,517 shares of the company’s stock worth $530,000 after purchasing an additional 2,772 shares during the last quarter. Finally, Strategic Blueprint LLC lifted its holdings in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund by 150.8% during the 4th quarter. Strategic Blueprint LLC now owns 6,595 shares of the company’s stock worth $641,000 after buying an additional 3,965 shares during the period.

PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund Company Profile

The PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (CORP) is an exchange-traded fund that is based on the ICE BofA US Corporate index. The fund tracks a market-value-weighted index of USD-denominated investment-grade corporate bonds. CORP was launched on Sep 20, 2010 and is managed by PIMCO.