PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (NYSEARCA:CORP) Hits New 1-Year High at $98.90

PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (NYSEARCA:CORP)’s stock price hit a new 52-week high on Monday . The company traded as high as $98.90 and last traded at $98.90, with a volume of 3592 shares. The stock had previously closed at $98.69.

PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund Trading Down 0.1 %

The stock’s fifty day moving average is $96.57 and its two-hundred day moving average is $95.50.

Institutional Investors Weigh In On PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund

Hedge funds have recently made changes to their positions in the company. Future Financial Wealth Managment LLC purchased a new stake in shares of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund in the 1st quarter valued at approximately $38,000. Tidemark LLC purchased a new stake in shares of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund in the 4th quarter valued at approximately $84,000. Comerica Bank lifted its position in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund by 101.0% in the 1st quarter. Comerica Bank now owns 5,517 shares of the company’s stock worth $530,000 after buying an additional 2,772 shares in the last quarter. Kickstand Ventures LLC. lifted its position in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund by 174.6% in the 4th quarter. Kickstand Ventures LLC. now owns 7,587 shares of the company’s stock worth $738,000 after buying an additional 4,824 shares in the last quarter. Finally, BNP Paribas purchased a new stake in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund in the 1st quarter worth approximately $855,000.

About PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund

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.