PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (NYSEARCA:CORP) Sees Large Volume Increase

PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (NYSEARCA:CORP) shares saw an uptick in trading volume on Wednesday . 92,154 shares traded hands during trading, an increase of 38% from the previous session’s volume of 67,006 shares.The stock last traded at $99.62 and had previously closed at $99.85.

PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund Stock Down 0.1 %

The company’s 50 day moving average is $97.62 and its 200-day moving average is $95.89.

Institutional Trading of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Graypoint LLC raised its stake in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund by 4.2% in the second quarter. Graypoint LLC now owns 36,057 shares of the company’s stock valued at $3,428,000 after purchasing an additional 1,449 shares in the last quarter. Evensky & Katz LLC lifted its stake in shares of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund by 63.0% in the 2nd quarter. Evensky & Katz LLC now owns 32,774 shares of the company’s stock valued at $3,116,000 after acquiring an additional 12,670 shares during the last quarter. Comerica Bank boosted its holdings in shares of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund by 101.0% during the 1st quarter. Comerica Bank now owns 5,517 shares of the company’s stock valued at $530,000 after acquiring an additional 2,772 shares in the last quarter. BNP Paribas bought a new stake in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund during the 1st quarter worth $855,000. Finally, Future Financial Wealth Managment LLC acquired a new position in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund in the 1st quarter worth about $38,000.

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.