PIMCO Low Duration Exchange-Traded Fund (NYSEARCA:LDUR) Share Price Crosses Above 50 Day Moving Average – Should You Sell?

PIMCO Low Duration Exchange-Traded Fund (NYSEARCA:LDUR)’s stock price passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $95.37 and traded as high as $95.39. PIMCO Low Duration Exchange-Traded Fund shares last traded at $95.29, with a volume of 18,616 shares changing hands.

PIMCO Low Duration Exchange-Traded Fund Price Performance

The business’s 50-day moving average price is $95.37 and its two-hundred day moving average price is $95.11.

Hedge Funds Weigh In On PIMCO Low Duration Exchange-Traded Fund

A number of institutional investors have recently modified their holdings of the company. Advocacy Wealth Management Services LLC raised its position in shares of PIMCO Low Duration Exchange-Traded Fund by 2.0% in the third quarter. Advocacy Wealth Management Services LLC now owns 811,034 shares of the company’s stock valued at $77,827,000 after buying an additional 16,086 shares during the last quarter. TD Capital Management LLC raised its position in shares of PIMCO Low Duration Exchange-Traded Fund by 7.9% in the second quarter. TD Capital Management LLC now owns 436,547 shares of the company’s stock valued at $41,328,000 after buying an additional 32,070 shares during the last quarter. HighTower Advisors LLC raised its position in shares of PIMCO Low Duration Exchange-Traded Fund by 3.1% in the third quarter. HighTower Advisors LLC now owns 224,477 shares of the company’s stock valued at $21,537,000 after buying an additional 6,809 shares during the last quarter. O Connor Financial Group LLC grew its holdings in PIMCO Low Duration Exchange-Traded Fund by 5.9% in the third quarter. O Connor Financial Group LLC now owns 196,010 shares of the company’s stock valued at $18,809,000 after purchasing an additional 10,908 shares during the period. Finally, OneDigital Investment Advisors LLC grew its holdings in PIMCO Low Duration Exchange-Traded Fund by 8.4% in the third quarter. OneDigital Investment Advisors LLC now owns 161,388 shares of the company’s stock valued at $15,487,000 after purchasing an additional 12,483 shares during the period.

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.