PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (NYSEARCA:CORP) Sets New 52-Week High at $98.93

PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (NYSEARCA:CORP)’s stock price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $98.93 and last traded at $98.93, with a volume of 34892 shares trading hands. The stock had previously closed at $98.51.

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

The business has a 50 day moving average price of $97.02 and a 200 day moving average price of $95.68.

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

Several institutional investors and hedge funds have recently modified their holdings of CORP. Future Financial Wealth Managment LLC bought a new stake in shares of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund in the first quarter valued at about $38,000. Tidemark LLC bought a new stake in shares of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund in the 4th quarter valued at about $84,000. Comerica Bank lifted its position in shares of 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 purchasing an additional 2,772 shares during the period. Kickstand Ventures LLC. boosted its stake in shares of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund by 174.6% during the fourth quarter. Kickstand Ventures LLC. now owns 7,587 shares of the company’s stock valued at $738,000 after purchasing an additional 4,824 shares in the last quarter. Finally, BNP Paribas purchased a new position in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund during the first quarter valued at 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.