PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (NYSEARCA:CORP) Trading Up 0.5% – Here’s What Happened

PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (NYSEARCA:CORP)’s stock price traded up 0.5% during mid-day trading on Monday . The company traded as high as $96.65 and last traded at $96.65. 57,009 shares changed hands during mid-day trading, a decline of 31% from the average session volume of 83,177 shares. The stock had previously closed at $96.19.

PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund Stock Up 0.5 %

The stock has a fifty day moving average price of $95.39 and a 200-day moving average price of $96.97.

Hedge Funds Weigh In On PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund

A number of large investors have recently bought and sold shares of the company. Novak & Powell Financial Services Inc. purchased a new stake in shares of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund in the fourth quarter valued at about $2,057,000. Novem Group acquired a new stake in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund in the fourth quarter valued at about $10,174,000. Evensky & Katz LLC boosted its holdings in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund by 28.0% in the 4th quarter. Evensky & Katz LLC now owns 50,474 shares of the company’s stock valued at $4,800,000 after purchasing an additional 11,034 shares in the last quarter. Baird Financial Group Inc. increased its position in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund by 0.8% during the 4th quarter. Baird Financial Group Inc. now owns 29,226 shares of the company’s stock worth $2,779,000 after purchasing an additional 245 shares during the period. Finally, Integrated Wealth Concepts LLC raised its stake in shares of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund by 71.6% during the 4th quarter. Integrated Wealth Concepts LLC now owns 38,153 shares of the company’s stock worth $3,628,000 after buying an additional 15,918 shares in the last quarter.

PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund Company Profile

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.