PIMCO Low Duration Exchange-Traded Fund (NYSEARCA:LDUR) Sets New 52-Week High at $95.97

PIMCO Low Duration Exchange-Traded Fund (NYSEARCA:LDUR) hit a new 52-week high during trading on Monday . The stock traded as high as $95.97 and last traded at $95.97, with a volume of 1032 shares. The stock had previously closed at $95.86.

PIMCO Low Duration Exchange-Traded Fund Stock Up 0.1 %

The business’s 50 day moving average price is $95.36 and its two-hundred day moving average price is $94.80.

Institutional Trading of PIMCO Low Duration Exchange-Traded Fund

A number of hedge funds have recently added to or reduced their stakes in LDUR. Principal Securities Inc. bought a new stake in shares of PIMCO Low Duration Exchange-Traded Fund during the fourth quarter worth about $75,000. Corient Private Wealth LLC raised its stake in shares of PIMCO Low Duration Exchange-Traded Fund by 23.3% during the fourth quarter. Corient Private Wealth LLC now owns 8,874 shares of the company’s stock valued at $841,000 after acquiring an additional 1,675 shares during the last quarter. CreativeOne Wealth LLC lifted its holdings in shares of PIMCO Low Duration Exchange-Traded Fund by 35.3% during the fourth quarter. CreativeOne Wealth LLC now owns 19,993 shares of the company’s stock worth $1,895,000 after purchasing an additional 5,220 shares during the period. Assetmark Inc. grew its stake in shares of PIMCO Low Duration Exchange-Traded Fund by 22.9% in the fourth quarter. Assetmark Inc. now owns 3,037 shares of the company’s stock worth $288,000 after purchasing an additional 566 shares during the last quarter. Finally, TD Capital Management LLC increased its holdings in PIMCO Low Duration Exchange-Traded Fund by 11.4% in the fourth quarter. TD Capital Management LLC now owns 363,753 shares of the company’s stock valued at $34,469,000 after purchasing an additional 37,099 shares during the period.

About PIMCO Low Duration Exchange-Traded Fund

The PIMCO Enhanced Low Duration Active Exchange-Traded Fund (LDUR) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed broad-market, investment-grade bond fund with target duration between 1-3 years. LDUR was launched on Jan 22, 2014 and is managed by PIMCO.