PIMCO Low Duration Exchange-Traded Fund (NYSEARCA:LDUR) Trading Up 0.1% – Time to Buy?

PIMCO Low Duration Exchange-Traded Fund (NYSEARCA:LDUR) was up 0.1% on Thursday . The stock traded as high as $95.13 and last traded at $95.08. Approximately 27,818 shares traded hands during trading, a decline of 20% from the average daily volume of 34,624 shares. The stock had previously closed at $94.96.

PIMCO Low Duration Exchange-Traded Fund Stock Down 0.2 %

The stock has a 50 day simple moving average of $95.11 and a 200-day simple moving average of $95.25.

Institutional Trading of PIMCO Low Duration Exchange-Traded Fund

Large investors have recently made changes to their positions in the business. Key Financial Inc bought a new position in shares of PIMCO Low Duration Exchange-Traded Fund in the 3rd quarter valued at about $28,000. Future Financial Wealth Managment LLC purchased a new stake in PIMCO Low Duration Exchange-Traded Fund during the third quarter valued at approximately $29,000. Curi RMB Capital LLC lifted its stake in shares of PIMCO Low Duration Exchange-Traded Fund by 14.3% in the 3rd quarter. Curi RMB Capital LLC now owns 2,578 shares of the company’s stock valued at $247,000 after purchasing an additional 323 shares during the last quarter. Capital Advisors Ltd. LLC boosted its holdings in shares of PIMCO Low Duration Exchange-Traded Fund by 7.0% in the 3rd quarter. Capital Advisors Ltd. LLC now owns 5,012 shares of the company’s stock worth $481,000 after purchasing an additional 329 shares during the period. Finally, Mayfair Advisory Group LLC increased its position in shares of PIMCO Low Duration Exchange-Traded Fund by 6.6% during the 3rd quarter. Mayfair Advisory Group LLC now owns 6,751 shares of the company’s stock valued at $643,000 after purchasing an additional 420 shares during the last quarter.

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.