PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (NYSEARCA:HYS) Trading Up 0% – Here’s Why

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (NYSEARCA:HYS) shares rose 0% during mid-day trading on Friday . The company traded as high as $95.13 and last traded at $94.93. Approximately 60,222 shares traded hands during trading, a decline of 53% from the average daily volume of 127,801 shares. The stock had previously closed at $94.90.

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund Trading Up 0.0 %

The stock has a fifty day simple moving average of $94.43 and a 200-day simple moving average of $94.52.

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

Several institutional investors have recently modified their holdings of HYS. Navellier & Associates Inc. bought a new position in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund during the 4th quarter valued at about $206,000. Jones Financial Companies Lllp lifted its holdings in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 533.6% during the 4th quarter. Jones Financial Companies Lllp now owns 3,662 shares of the company’s stock valued at $343,000 after purchasing an additional 3,084 shares in the last quarter. Farther Finance Advisors LLC raised its position in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 86.5% in the 3rd quarter. Farther Finance Advisors LLC now owns 3,675 shares of the company’s stock valued at $351,000 after buying an additional 1,704 shares during the last quarter. Hillsdale Investment Management Inc. raised its position in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 37.1% in the 4th quarter. Hillsdale Investment Management Inc. now owns 4,615 shares of the company’s stock valued at $432,000 after buying an additional 1,250 shares during the last quarter. Finally, Murphy & Mullick Capital Management Corp acquired a new stake in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund in the 4th quarter valued at approximately $568,000.

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.