PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (NYSEARCA:HYS) Hits New 12-Month Low – What’s Next?

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (NYSEARCA:HYS – Get Free Report)’s stock price reached a new 52-week low during trading on Monday. The company traded as low as $89.38 and last traded at $89.4140, with a volume of 61,823 shares traded. The stock had previously closed at $89.98.

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund Trading Down 0.7%

The business’s fifty day moving average price is $91.10 and its 200 day moving average price is $92.97.

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

A number of institutional investors have recently added to or reduced their stakes in HYS. CKW Financial Group acquired a new position in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund in the 3rd quarter worth approximately $315,000. Financial Management Professionals Inc. bought a new stake in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund in the third quarter valued at $57,000. Fifth Third Securities Inc. bought a new stake in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund in the third quarter valued at $210,000. Financial & Tax Architects LLC grew its position in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 1.8% in the third quarter. Financial & Tax Architects LLC now owns 44,599 shares of the company’s stock valued at $4,035,000 after acquiring an additional 791 shares during the period. Finally, CoreCap Advisors LLC raised its stake in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 35.7% during the third quarter. CoreCap Advisors LLC now owns 2,150 shares of the company’s stock worth $195,000 after acquiring an additional 566 shares in the last quarter.

About PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund

(Get Free Report)

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.

Further Reading

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