PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (NYSEARCA:CORP) Shares Down 0.3% – Here’s Why

PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (NYSEARCA:CORP)’s stock price fell 0.3% during trading on Friday . The stock traded as low as $95.12 and last traded at $95.31. 52,276 shares were traded during mid-day trading, a decline of 20% from the average session volume of 65,499 shares. The stock had previously closed at $95.60.

PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund Trading Down 0.3 %

The business’s 50-day moving average is $95.98 and its 200-day moving average is $96.04.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. CoreFirst Bank & Trust acquired a new stake in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund during the 4th quarter valued at $31,000. Golden State Wealth Management LLC acquired a new stake in shares of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund in the fourth quarter valued at $115,000. Keystone Financial Group bought a new position in shares of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund in the fourth quarter valued at about $269,000. Moloney Securities Asset Management LLC acquired a new position in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund during the 4th quarter worth about $313,000. Finally, Capital Planning LLC bought a new stake in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund during the 1st quarter worth about $323,000.

PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund Company Profile

The PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (CORP) is an exchange-traded fund that is based on the ICE BofA US Corporate index. The fund tracks a market-value-weighted index of USD-denominated investment-grade corporate bonds. CORP was launched on Sep 20, 2010 and is managed by PIMCO.