PIMCO Intermediate Municipal Bond Exchange-Traded Fund (NYSEARCA:MUNI) Shares Down 0% – What’s Next?

PIMCO Intermediate Municipal Bond Exchange-Traded Fund (NYSEARCA:MUNI) traded down 0% during trading on Thursday . The company traded as low as $52.06 and last traded at $52.09. 179,876 shares changed hands during trading, an increase of 11% from the average session volume of 162,313 shares. The stock had previously closed at $52.11.

PIMCO Intermediate Municipal Bond Exchange-Traded Fund Stock Down 0.0 %

The stock has a 50 day moving average of $52.59 and a two-hundred day moving average of $52.30.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Duncan Williams Asset Management LLC lifted its position in PIMCO Intermediate Municipal Bond Exchange-Traded Fund by 0.9% in the 3rd quarter. Duncan Williams Asset Management LLC now owns 30,530 shares of the company’s stock valued at $1,617,000 after acquiring an additional 266 shares in the last quarter. Sunbelt Securities Inc. lifted its holdings in shares of PIMCO Intermediate Municipal Bond Exchange-Traded Fund by 31.3% in the second quarter. Sunbelt Securities Inc. now owns 5,977 shares of the company’s stock valued at $311,000 after purchasing an additional 1,426 shares in the last quarter. Certified Advisory Corp boosted its position in shares of PIMCO Intermediate Municipal Bond Exchange-Traded Fund by 23.2% during the second quarter. Certified Advisory Corp now owns 16,754 shares of the company’s stock worth $872,000 after buying an additional 3,150 shares during the period. WCG Wealth Advisors LLC grew its holdings in shares of PIMCO Intermediate Municipal Bond Exchange-Traded Fund by 18.3% during the second quarter. WCG Wealth Advisors LLC now owns 543,290 shares of the company’s stock worth $28,284,000 after buying an additional 83,995 shares in the last quarter. Finally, Farther Finance Advisors LLC raised its position in PIMCO Intermediate Municipal Bond Exchange-Traded Fund by 289.7% in the 2nd quarter. Farther Finance Advisors LLC now owns 15,426 shares of the company’s stock valued at $799,000 after buying an additional 11,468 shares during the last quarter.

PIMCO Intermediate Municipal Bond Exchange-Traded Fund Company Profile

PIMCO Intermediate Municipal Bond Strategy Fund, formerly, PIMCO Intermediate Municipal Bond ETF (the Fund), seeks to achieve its investment objective by investing at least 80% of its assets in a diversified portfolio of debt securities whose interest is, in the opinion of bond counsel for the issuer at the time of issuance, exempt from federal income tax (Municipal Bonds).