PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (NYSEARCA:CORP) Short Interest Update

PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (NYSEARCA:CORP) was the target of a significant decline in short interest in March. As of March 13th, there was short interest totaling 2,904 shares, a decline of 63.9% from the February 26th total of 8,044 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 269,397 shares, the short-interest ratio is presently 0.0 days. Based on an average trading volume of 269,397 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund Stock Down 0.2%

NYSEARCA:CORP opened at $96.36 on Wednesday. PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund has a 12 month low of $92.45 and a 12 month high of $99.63. The company has a 50-day moving average price of $98.04 and a 200-day moving average price of $98.34.

PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were given a dividend of $0.38 per share. This represents a c) annualized dividend and a yield of 4.7%. The ex-dividend date of this dividend was Monday, March 2nd. This is a positive change from PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund’s previous monthly dividend of $0.37.

Institutional Investors Weigh In On PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund

Hedge funds and other institutional investors have recently bought and sold shares of the business. IFC & Insurance Marketing Inc. purchased a new position in shares of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund during the fourth quarter valued at approximately $54,000. Greykasell Wealth Strategies Inc. purchased a new stake in shares of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund in the 3rd quarter worth approximately $69,000. Triumph Capital Management purchased a new position in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund during the third quarter valued at $155,000. Ruggiero Investments Inc. purchased a new position in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund during the fourth quarter valued at $212,000. Finally, Arkadios Wealth Advisors bought a new stake in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund in the fourth quarter worth $255,000.

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.