PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (NYSEARCA:HYS) Hits New 12-Month Low – Here’s What Happened

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (NYSEARCA:HYS)’s stock price hit a new 52-week low during mid-day trading on Wednesday. The company traded as low as $91.57 and last traded at $91.5240, with a volume of 11950 shares traded. The stock had previously closed at $91.86.

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund Stock Performance

The company has a 50-day moving average of $92.50 and a 200 day moving average of $93.06.

Institutional Investors Weigh In On PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund

A number of large investors have recently modified their holdings of the business. Strategic Advocates LLC raised its position in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 31.7% in the fourth quarter. Strategic Advocates LLC now owns 76,100 shares of the company’s stock valued at $7,268,000 after buying an additional 18,309 shares during the last quarter. Financial & Tax Architects LLC grew its stake in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 7.7% during the 1st quarter. Financial & Tax Architects LLC now owns 39,531 shares of the company’s stock valued at $3,687,000 after acquiring an additional 2,839 shares in the last quarter. Advisors Preferred LLC purchased a new stake in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund during the 1st quarter valued at about $2,518,000. Janney Montgomery Scott LLC raised its holdings in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 156.0% in the 1st quarter. Janney Montgomery Scott LLC now owns 25,996 shares of the company’s stock valued at $2,425,000 after acquiring an additional 15,842 shares during the last quarter. Finally, Arkadios Wealth Advisors raised its holdings in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 101.4% in the 1st quarter. Arkadios Wealth Advisors now owns 23,792 shares of the company’s stock valued at $2,219,000 after acquiring an additional 11,979 shares during the last quarter.

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund Company Profile

The PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (HYS) is an exchange-traded fund that mostly invests in high yield fixed income. The fund aims to capture exposure to the short maturity segment of the high-yield corporate bond sector. HYS was launched on Jun 16, 2011 and is managed by PIMCO.