PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (NYSEARCA:HYS) Trading Down 0.5% – Here’s What Happened

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (NYSEARCA:HYS) shares dropped 0.5% on Friday . The company traded as low as $93.55 and last traded at $93.62. Approximately 115,514 shares changed hands during mid-day trading, a decline of 23% from the average daily volume of 149,336 shares. The stock had previously closed at $94.10.

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

The company has a 50-day simple moving average of $94.43 and a 200-day simple moving average of $94.19.

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

Institutional investors have recently made changes to their positions in the stock. Ashton Thomas Private Wealth LLC purchased a new stake in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund during the 2nd quarter worth approximately $36,000. EverSource Wealth Advisors LLC boosted its position in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 77.7% during the second quarter. EverSource Wealth Advisors LLC now owns 615 shares of the company’s stock worth $58,000 after purchasing an additional 269 shares in the last quarter. Strategic Advocates LLC grew its holdings in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 8.4% in the third quarter. Strategic Advocates LLC now owns 94,711 shares of the company’s stock valued at $9,045,000 after purchasing an additional 7,319 shares during the last quarter. Financial Management Professionals Inc. increased its position in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 6.8% in the third quarter. Financial Management Professionals Inc. now owns 208,386 shares of the company’s stock valued at $19,901,000 after buying an additional 13,303 shares in the last quarter. Finally, Farther Finance Advisors LLC raised its stake in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 86.5% during the 3rd quarter. Farther Finance Advisors LLC now owns 3,675 shares of the company’s stock worth $351,000 after buying an additional 1,704 shares during the last quarter.

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

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.