PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (NYSEARCA:CORP) Reaches New 12-Month High at $98.93

Shares of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (NYSEARCA:CORP) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $98.93 and last traded at $98.93, with a volume of 34892 shares changing hands. The stock had previously closed at $98.51.

PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund Stock Performance

The stock’s 50-day moving average price is $96.88 and its 200-day moving average price is $95.63.

Institutional Investors Weigh In On PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund

Hedge funds and other institutional investors have recently modified their holdings of the stock. Graypoint LLC acquired a new position in shares of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund during the 1st quarter worth approximately $3,324,000. Tsfg LLC raised its position in shares of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund by 1,414.8% during the 1st quarter. Tsfg LLC now owns 14,027 shares of the company’s stock worth $1,347,000 after purchasing an additional 13,101 shares during the last quarter. Evensky & Katz LLC raised its position in shares of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund by 63.0% during the 2nd quarter. Evensky & Katz LLC now owns 32,774 shares of the company’s stock worth $3,116,000 after purchasing an additional 12,670 shares during the last quarter. BNP Paribas acquired a new position in shares of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund during the 1st quarter worth approximately $855,000. Finally, Kickstand Ventures LLC. raised its position in shares of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund by 174.6% during the 4th quarter. Kickstand Ventures LLC. now owns 7,587 shares of the company’s stock worth $738,000 after purchasing an additional 4,824 shares during the last quarter.

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.