PIMCO Low Duration Exchange-Traded Fund (NYSEARCA:LDUR) Hits New 12-Month High – Should You Buy?

PIMCO Low Duration Exchange-Traded Fund (NYSEARCA:LDUR) shares hit a new 52-week high during trading on Wednesday . The stock traded as high as $96.69 and last traded at $96.69, with a volume of 315 shares traded. The stock had previously closed at $95.28.

PIMCO Low Duration Exchange-Traded Fund Price Performance

The business’s 50-day moving average is $95.59 and its two-hundred day moving average is $95.00.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Key Financial Inc bought a new stake in PIMCO Low Duration Exchange-Traded Fund during the third quarter worth $28,000. Future Financial Wealth Managment LLC acquired a new position in shares of PIMCO Low Duration Exchange-Traded Fund during the 3rd quarter worth about $29,000. Opal Wealth Advisors LLC acquired a new position in shares of PIMCO Low Duration Exchange-Traded Fund during the 2nd quarter worth about $38,000. Security Financial Services INC. bought a new stake in shares of PIMCO Low Duration Exchange-Traded Fund in the 2nd quarter valued at about $210,000. Finally, Interchange Capital Partners LLC acquired a new stake in PIMCO Low Duration Exchange-Traded Fund in the 2nd quarter valued at about $260,000.

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.