PIMCO Low Duration Exchange-Traded Fund (NYSEARCA:LDUR) Trading Down 0%

PIMCO Low Duration Exchange-Traded Fund (NYSEARCA:LDUR) shares traded down 0% during trading on Tuesday . The company traded as low as $94.55 and last traded at $94.56. 20,614 shares were traded during mid-day trading, a decline of 62% from the average session volume of 54,852 shares. The stock had previously closed at $94.59.

PIMCO Low Duration Exchange-Traded Fund Price Performance

The stock has a fifty day simple moving average of $94.42 and a 200-day simple moving average of $94.63.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in LDUR. Advocacy Wealth Management Services LLC grew its position in shares of PIMCO Low Duration Exchange-Traded Fund by 8.8% during the 1st quarter. Advocacy Wealth Management Services LLC now owns 387,028 shares of the company’s stock valued at $36,713,000 after acquiring an additional 31,169 shares during the period. TD Capital Management LLC increased its position in shares of PIMCO Low Duration Exchange-Traded Fund by 11.4% in the fourth quarter. TD Capital Management LLC now owns 363,753 shares of the company’s stock valued at $34,469,000 after buying an additional 37,099 shares in the last quarter. 49 Wealth Management LLC raised its stake in shares of PIMCO Low Duration Exchange-Traded Fund by 14.2% during the 1st quarter. 49 Wealth Management LLC now owns 195,948 shares of the company’s stock worth $18,489,000 after buying an additional 24,403 shares during the period. O Connor Financial Group LLC lifted its position in shares of PIMCO Low Duration Exchange-Traded Fund by 5.4% during the 1st quarter. O Connor Financial Group LLC now owns 181,920 shares of the company’s stock valued at $17,257,000 after buying an additional 9,400 shares in the last quarter. Finally, Procyon Advisors LLC grew its stake in PIMCO Low Duration Exchange-Traded Fund by 204.4% in the 4th quarter. Procyon Advisors LLC now owns 167,383 shares of the company’s stock valued at $15,861,000 after acquiring an additional 112,391 shares during the period.

PIMCO Low Duration Exchange-Traded Fund Company Profile

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.