PIMCO Low Duration Exchange-Traded Fund (NYSEARCA:LDUR) Shares Down 0.2% – Time to Sell?

PIMCO Low Duration Exchange-Traded Fund (NYSEARCA:LDUR) traded down 0.2% during mid-day trading on Monday . The stock traded as low as $95.28 and last traded at $95.30. 87,338 shares were traded during mid-day trading, an increase of 84% from the average session volume of 47,421 shares. The stock had previously closed at $95.48.

PIMCO Low Duration Exchange-Traded Fund Trading Up 0.1 %

The business has a fifty day moving average of $95.59 and a 200-day moving average of $94.93.

Institutional Investors Weigh In On PIMCO Low Duration Exchange-Traded Fund

Institutional investors and hedge funds have recently modified their holdings of the stock. Future Financial Wealth Managment LLC bought a new position in PIMCO Low Duration Exchange-Traded Fund in the third quarter worth about $29,000. Opal Wealth Advisors LLC purchased a new position in shares of PIMCO Low Duration Exchange-Traded Fund in the 2nd quarter valued at approximately $38,000. Security Financial Services INC. bought a new stake in shares of PIMCO Low Duration Exchange-Traded Fund during the second quarter valued at approximately $210,000. Interchange Capital Partners LLC purchased a new stake in PIMCO Low Duration Exchange-Traded Fund in the second quarter worth $260,000. Finally, Ausdal Financial Partners Inc. bought a new position in PIMCO Low Duration Exchange-Traded Fund in the second quarter worth $329,000.

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.