PIMCO Low Duration Exchange-Traded Fund (NYSEARCA:LDUR) Sees Strong Trading Volume

PIMCO Low Duration Exchange-Traded Fund (NYSEARCA:LDUR) shares saw unusually-strong trading volume on Tuesday . Approximately 92,580 shares were traded during trading, an increase of 71% from the previous session’s volume of 54,103 shares.The stock last traded at $94.32 and had previously closed at $94.23.

PIMCO Low Duration Exchange-Traded Fund Stock Performance

The company has a fifty day moving average of $94.57 and a two-hundred day moving average of $94.42.

Hedge Funds Weigh In On PIMCO Low Duration Exchange-Traded Fund

Hedge funds have recently added to or reduced their stakes in the stock. Householder Group Estate & Retirement Specialist LLC bought a new position in PIMCO Low Duration Exchange-Traded Fund during the 4th quarter worth $32,000. NBC Securities Inc. bought a new position in shares of PIMCO Low Duration Exchange-Traded Fund in the 3rd quarter valued at $32,000. Silver Oak Securities Incorporated bought a new position in shares of PIMCO Low Duration Exchange-Traded Fund in the 3rd quarter valued at $33,000. Future Financial Wealth Managment LLC bought a new position in shares of PIMCO Low Duration Exchange-Traded Fund in the 1st quarter valued at $60,000. Finally, Principal Securities Inc. bought a new position in shares of PIMCO Low Duration Exchange-Traded Fund in the 4th quarter valued at $75,000.

PIMCO Low Duration Exchange-Traded Fund Company Profile

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.