PIMCO Low Duration Exchange-Traded Fund (NYSEARCA:LDUR) Trading 0% Higher – What’s Next?

PIMCO Low Duration Exchange-Traded Fund (NYSEARCA:LDUR) shares were up 0% on Wednesday . The company traded as high as $95.23 and last traded at $95.13. Approximately 19,160 shares changed hands during trading, a decline of 59% from the average daily volume of 46,409 shares. The stock had previously closed at $95.10.

PIMCO Low Duration Exchange-Traded Fund Trading Up 0.0 %

The company’s 50 day moving average is $95.44 and its 200-day moving average is $95.08.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in LDUR. Advocacy Wealth Management Services LLC lifted its position in shares of PIMCO Low Duration Exchange-Traded Fund by 2.0% in the 3rd quarter. Advocacy Wealth Management Services LLC now owns 811,034 shares of the company’s stock worth $77,827,000 after buying an additional 16,086 shares during the last quarter. TD Capital Management LLC boosted its stake in PIMCO Low Duration Exchange-Traded Fund by 7.9% in the second quarter. TD Capital Management LLC now owns 436,547 shares of the company’s stock valued at $41,328,000 after acquiring an additional 32,070 shares during the period. HighTower Advisors LLC grew its holdings in shares of PIMCO Low Duration Exchange-Traded Fund by 3.1% during the third quarter. HighTower Advisors LLC now owns 224,477 shares of the company’s stock valued at $21,537,000 after purchasing an additional 6,809 shares during the last quarter. O Connor Financial Group LLC raised its position in shares of PIMCO Low Duration Exchange-Traded Fund by 5.9% during the 3rd quarter. O Connor Financial Group LLC now owns 196,010 shares of the company’s stock worth $18,809,000 after purchasing an additional 10,908 shares during the period. Finally, OneDigital Investment Advisors LLC lifted its holdings in shares of PIMCO Low Duration Exchange-Traded Fund by 8.4% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 161,388 shares of the company’s stock worth $15,487,000 after purchasing an additional 12,483 shares during the last quarter.

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.