PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (NYSEARCA:HYS) Sees Strong Trading Volume – Time to Buy?

Shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (NYSEARCA:HYS) saw strong trading volume on Monday . 202,353 shares changed hands during trading, an increase of 43% from the previous session’s volume of 141,606 shares.The stock last traded at $94.44 and had previously closed at $94.38.

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund Trading Down 0.1 %

The stock has a fifty day moving average price of $94.72 and a two-hundred day moving average price of $93.74.

Hedge Funds Weigh In On PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund

Several large investors have recently made changes to their positions in the business. TD Private Client Wealth LLC lifted its holdings in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 13.7% in the third quarter. TD Private Client Wealth LLC now owns 124,687 shares of the company’s stock valued at $11,908,000 after purchasing an additional 15,008 shares in the last quarter. CKW Financial Group grew its position in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 2.8% during the third quarter. CKW Financial Group now owns 19,837 shares of the company’s stock valued at $1,883,000 after purchasing an additional 541 shares in the last quarter. Farther Finance Advisors LLC increased its stake in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 86.5% in the 3rd quarter. Farther Finance Advisors LLC now owns 3,675 shares of the company’s stock valued at $351,000 after buying an additional 1,704 shares during the period. Financial Management Professionals Inc. increased its stake in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 6.8% in the third quarter. Financial Management Professionals Inc. now owns 208,386 shares of the company’s stock worth $19,901,000 after acquiring an additional 13,303 shares during the last quarter. Finally, Strategic Advocates LLC lifted its stake in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 8.4% in the third quarter. Strategic Advocates LLC now owns 94,711 shares of the company’s stock valued at $9,045,000 after acquiring an additional 7,319 shares during the last quarter.

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund Company Profile

The PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (HYS) is an exchange-traded fund that mostly invests in high yield fixed income. The fund aims to capture exposure to the short maturity segment of the high-yield corporate bond sector. HYS was launched on Jun 16, 2011 and is managed by PIMCO.