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

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

PIMCO Low Duration Exchange-Traded Fund Trading Up 0.1 %

The business’s fifty day moving average price is $95.11 and its 200-day moving average price is $95.25.

Institutional Trading of PIMCO Low Duration Exchange-Traded Fund

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Key Financial Inc bought a new position in shares of PIMCO Low Duration Exchange-Traded Fund in the third quarter valued at approximately $28,000. Future Financial Wealth Managment LLC purchased a new stake in PIMCO Low Duration Exchange-Traded Fund in the 3rd quarter valued at $29,000. Strategy Asset Managers LLC bought a new position in PIMCO Low Duration Exchange-Traded Fund during the 3rd quarter valued at $206,000. Curi RMB Capital LLC boosted its holdings in PIMCO Low Duration Exchange-Traded Fund by 14.3% during the 3rd quarter. Curi RMB Capital LLC now owns 2,578 shares of the company’s stock worth $247,000 after acquiring an additional 323 shares during the last quarter. Finally, Sanctuary Advisors LLC bought a new stake in shares of PIMCO Low Duration Exchange-Traded Fund in the 2nd quarter worth $360,000.

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.