PIMCO Low Duration Exchange-Traded Fund (NYSEARCA:LDUR – Get Free Report) was the recipient of a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 29,236 shares, an increase of 268.8% from the July 15th total of 7,927 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average trading volume of 57,636 shares, the short-interest ratio is currently 0.5 days.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently bought and sold shares of the company. Kingdom Financial Group LLC. acquired a new position in PIMCO Low Duration Exchange-Traded Fund in the fourth quarter worth about $28,000. International Assets Investment Management LLC increased its holdings in shares of PIMCO Low Duration Exchange-Traded Fund by 1,025.8% during the first quarter. International Assets Investment Management LLC now owns 349 shares of the company’s stock worth $33,000 after buying an additional 318 shares in the last quarter. Rockefeller Capital Management L.P. bought a new stake in PIMCO Low Duration Exchange-Traded Fund during the 4th quarter worth approximately $36,000. Arax Advisory Partners bought a new stake in shares of PIMCO Low Duration Exchange-Traded Fund during the fourth quarter worth $49,000. Finally, Motiv8 Investments LLC acquired a new position in PIMCO Low Duration Exchange-Traded Fund during the 4th quarter worth about $53,000.
PIMCO Low Duration Exchange-Traded Fund Stock Up 0.1%
LDUR opened at $95.45 on Friday. PIMCO Low Duration Exchange-Traded Fund has a 12-month low of $95.05 and a 12-month high of $96.60. The stock’s 50 day moving average price is $95.34 and its two-hundred day moving average price is $95.60.
About PIMCO Low Duration Exchange-Traded Fund
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.
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