PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (NYSEARCA:HYS) Sets New 52-Week Low – Time to Sell?

Shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (NYSEARCA:HYSGet Free Report) hit a new 52-week low during trading on Monday . The stock traded as low as $92.00 and last traded at $92.4250, with a volume of 5362 shares trading hands. The stock had previously closed at $92.72.

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

The business’s 50 day moving average is $93.16 and its two-hundred day moving average is $93.68.

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

A number of institutional investors and hedge funds have recently bought and sold shares of the business. IFC & Insurance Marketing Inc. purchased a new position in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund in the fourth quarter valued at about $31,000. Nalls Sherbakoff Group LLC purchased a new stake in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund during the fourth quarter worth about $33,000. Ascentis Independent Advisors purchased a new stake in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund during the first quarter worth about $37,000. WFA of San Diego LLC bought a new stake in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund during the 2nd quarter valued at approximately $96,000. Finally, CoreCap Advisors LLC raised its stake in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 80.4% during the 2nd quarter. CoreCap Advisors LLC now owns 1,584 shares of the company’s stock valued at $148,000 after purchasing an additional 706 shares during the period.

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

(Get Free Report)

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.

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