PIMCO Low Duration Exchange-Traded Fund (NYSEARCA:LDUR) Sees Strong Trading Volume

Shares of PIMCO Low Duration Exchange-Traded Fund (NYSEARCA:LDUR) saw unusually-high trading volume on Tuesday . Approximately 92,580 shares changed hands during trading, an increase of 71% from the previous session’s volume of 54,103 shares.The stock last traded at $94.32 and had previously closed at $94.23.

PIMCO Low Duration Exchange-Traded Fund Stock Performance

The company has a 50 day moving average of $94.57 and a 200-day moving average of $94.42.

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

A number of large investors have recently added to or reduced their stakes in LDUR. NBC Securities Inc. purchased a new stake in PIMCO Low Duration Exchange-Traded Fund during the third quarter valued at about $32,000. Householder Group Estate & Retirement Specialist LLC purchased a new stake in PIMCO Low Duration Exchange-Traded Fund during the fourth quarter valued at about $32,000. Silver Oak Securities Incorporated purchased a new stake in PIMCO Low Duration Exchange-Traded Fund during the third quarter valued at about $33,000. Future Financial Wealth Managment LLC purchased a new position in shares of PIMCO Low Duration Exchange-Traded Fund in the first quarter worth about $60,000. Finally, Principal Securities Inc. purchased a new position in shares of PIMCO Low Duration Exchange-Traded Fund in the fourth quarter worth about $75,000.

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.