PIMCO Low Duration Exchange-Traded Fund (NYSEARCA:LDUR) Trading Up 0.1% – Here’s What Happened

Shares of PIMCO Low Duration Exchange-Traded Fund (NYSEARCA:LDUR) traded up 0.1% during trading on Thursday . The company traded as high as $95.13 and last traded at $95.08. 27,818 shares were traded during trading, a decline of 20% from the average session volume of 34,624 shares. The stock had previously closed at $94.96.

PIMCO Low Duration Exchange-Traded Fund Price Performance

The company’s 50-day moving average price is $95.11 and its two-hundred day moving average price is $95.25.

Institutional Investors Weigh In On PIMCO Low Duration Exchange-Traded Fund

Institutional investors have recently made changes to their positions in the company. O Connor Financial Group LLC grew its stake in shares of PIMCO Low Duration Exchange-Traded Fund by 3.1% in the fourth quarter. O Connor Financial Group LLC now owns 202,151 shares of the company’s stock valued at $19,202,000 after acquiring an additional 6,141 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in PIMCO Low Duration Exchange-Traded Fund by 17.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 42,901 shares of the company’s stock valued at $4,117,000 after purchasing an additional 6,272 shares during the period. HighTower Advisors LLC grew its position in shares of PIMCO Low Duration Exchange-Traded Fund by 3.1% during the 3rd quarter. HighTower Advisors LLC now owns 224,477 shares of the company’s stock worth $21,537,000 after purchasing an additional 6,809 shares in the last quarter. Flow Traders U.S. LLC increased its holdings in shares of PIMCO Low Duration Exchange-Traded Fund by 75.8% during the third quarter. Flow Traders U.S. LLC now owns 9,138 shares of the company’s stock worth $877,000 after purchasing an additional 3,941 shares during the period. Finally, Strategy Asset Managers LLC acquired a new stake in shares of PIMCO Low Duration Exchange-Traded Fund in the third quarter valued at approximately $206,000.

PIMCO Low Duration Exchange-Traded Fund Company Profile

The PIMCO Enhanced Low Duration Active Exchange-Traded Fund (LDUR) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed broad-market, investment-grade bond fund with target duration between 1-3 years. LDUR was launched on Jan 22, 2014 and is managed by PIMCO.