PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (NYSEARCA:HYS) Reaches New 52-Week High at $95.53

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (NYSEARCA:HYS)’s share price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $95.53 and last traded at $95.25, with a volume of 60707 shares changing hands. The stock had previously closed at $94.90.

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund Stock Up 0.1 %

The business’s fifty day moving average is $93.94 and its 200-day moving average is $93.13.

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

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Financial Management Professionals Inc. grew its stake in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 3.0% in the first quarter. Financial Management Professionals Inc. now owns 178,298 shares of the company’s stock worth $16,667,000 after purchasing an additional 5,209 shares during the last quarter. Strategic Advocates LLC lifted its holdings in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 5.2% during the 2nd quarter. Strategic Advocates LLC now owns 87,392 shares of the company’s stock worth $8,101,000 after buying an additional 4,346 shares during the period. NewSquare Capital LLC grew its position in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 13.4% in the 2nd quarter. NewSquare Capital LLC now owns 15,991 shares of the company’s stock valued at $1,482,000 after buying an additional 1,888 shares during the last quarter. Richardson Financial Services Inc. acquired a new stake in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund in the fourth quarter valued at about $1,037,000. Finally, Pinnacle Bancorp Inc. raised its position in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 5.6% during the first quarter. Pinnacle Bancorp Inc. now owns 10,182 shares of the company’s stock worth $952,000 after acquiring an additional 540 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.