PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (NYSEARCA:CORP) Shares Down 0.3% – Should You Sell?

PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (NYSEARCA:CORP) traded down 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 Stock Performance

The business has a 50-day moving average price of $95.98 and a two-hundred day moving average price of $96.04.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. CoreFirst Bank & Trust bought a new stake in shares of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund during the fourth quarter worth approximately $31,000. Golden State Wealth Management LLC bought a new stake in shares of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund during the 4th quarter valued at $115,000. Keystone Financial Group acquired a new position in shares of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund in the 4th quarter valued at $269,000. Moloney Securities Asset Management LLC bought a new position in shares of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund in the 4th quarter worth $313,000. Finally, Capital Planning LLC acquired a new stake in shares of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund during the first quarter worth $323,000.

About PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund

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.