PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (NYSEARCA:CORP) Sets New 52-Week High at $99.92

PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (NYSEARCA:CORP) hit a new 52-week high on Tuesday . The company traded as high as $99.92 and last traded at $99.83, with a volume of 2287 shares. The stock had previously closed at $99.80.

PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund Stock Down 0.3 %

The firm’s fifty day moving average is $97.70 and its 200-day moving average is $95.91.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Future Financial Wealth Managment LLC bought a new position in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund during the first quarter worth $38,000. Tidemark LLC acquired a new position in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund during the 4th quarter valued at about $84,000. Comerica Bank increased its holdings in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund by 101.0% during the 1st quarter. Comerica Bank now owns 5,517 shares of the company’s stock worth $530,000 after purchasing an additional 2,772 shares in the last quarter. BNP Paribas bought a new stake in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund during the 1st quarter worth approximately $855,000. Finally, Tsfg LLC raised its stake in shares of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund by 1,414.8% in the first quarter. Tsfg LLC now owns 14,027 shares of the company’s stock worth $1,347,000 after purchasing an additional 13,101 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.