PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (NYSEARCA:HYS) Stock Price Down 0.5% – Time to Sell?

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (NYSEARCA:HYS) shares were down 0.5% during mid-day trading on Friday . The stock traded as low as $93.55 and last traded at $93.62. Approximately 115,514 shares were traded during trading, a decline of 23% from the average daily volume of 149,336 shares. The stock had previously closed at $94.10.

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

The company’s 50-day moving average price is $94.44 and its 200-day moving average price is $94.18.

Institutional Trading of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund

Institutional investors have recently made changes to their positions in the company. EverSource Wealth Advisors LLC grew its stake in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 77.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 615 shares of the company’s stock valued at $58,000 after acquiring an additional 269 shares in the last quarter. Ashton Thomas Private Wealth LLC acquired a new position in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund during the 2nd quarter worth approximately $36,000. CKW Financial Group boosted its holdings in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 2.8% during the 3rd quarter. CKW Financial Group now owns 19,837 shares of the company’s stock worth $1,883,000 after purchasing an additional 541 shares during the last quarter. Farther Finance Advisors LLC grew its position in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 86.5% in the third quarter. Farther Finance Advisors LLC now owns 3,675 shares of the company’s stock valued at $351,000 after purchasing an additional 1,704 shares in the last quarter. Finally, Strategic Advocates LLC increased its holdings in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 8.4% in the third quarter. Strategic Advocates LLC now owns 94,711 shares of the company’s stock valued at $9,045,000 after purchasing an additional 7,319 shares during the last quarter.

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

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.