PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (NYSEARCA:CORP – Get Free Report) saw strong trading volume on Wednesday. 216,081 shares changed hands during trading, an increase of 103% from the previous session’s volume of 106,235 shares. The stock last traded at $91.57 and had previously closed at $91.70.
PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund Trading Up 0.0%
The firm has a 50-day moving average price of $94.11 and a 200 day moving average price of $95.69.
Institutional Investors Weigh In On PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund
A number of hedge funds have recently made changes to their positions in the business. RMG Wealth Management LLC purchased a new stake in shares of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund in the 1st quarter valued at $77,000. Ruggiero Investments Inc. purchased a new position in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund in the 4th quarter worth $212,000. Arkadios Wealth Advisors lifted its stake in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund by 21.0% in the first quarter. Arkadios Wealth Advisors now owns 3,153 shares of the company’s stock worth $305,000 after purchasing an additional 547 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its stake in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund by 38.9% in the first quarter. Bank of New York Mellon Corp now owns 11,411 shares of the company’s stock worth $1,105,000 after purchasing an additional 3,198 shares during the last quarter.
About PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund
The PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (CORP) is an exchange-traded fund that is based on the ICE BofA US Corporate index. The fund tracks a market-value-weighted index of USD-denominated investment-grade corporate bonds. CORP was launched on Sep 20, 2010 and is managed by PIMCO.
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