PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (NYSEARCA:HYS) Hits New 12-Month Low – What’s Next?

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (NYSEARCA:HYS) reached a new 52-week low during trading on Monday . The company traded as low as $92.00 and last traded at $92.4250, with a volume of 5362 shares changing hands. The stock had previously closed at $92.72.

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund Price Performance

The firm’s 50-day moving average price is $93.12 and its two-hundred day moving average price is $93.64.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Financial Management Professionals Inc. raised its position in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 13.2% in the 4th quarter. Financial Management Professionals Inc. now owns 246,051 shares of the company’s stock worth $23,483,000 after acquiring an additional 28,641 shares in the last quarter. TD Private Client Wealth LLC grew its stake in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 9.1% in the fourth quarter. TD Private Client Wealth LLC now owns 198,764 shares of the company’s stock valued at $18,847,000 after purchasing an additional 16,584 shares during the last quarter. Ameriprise Financial Inc. grew its stake in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 5.8% in the third quarter. Ameriprise Financial Inc. now owns 124,656 shares of the company’s stock valued at $11,857,000 after purchasing an additional 6,822 shares during the last quarter. Strategic Advocates LLC grew its stake in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 31.7% in the fourth quarter. Strategic Advocates LLC now owns 76,100 shares of the company’s stock valued at $7,268,000 after purchasing an additional 18,309 shares during the last quarter. Finally, Financial & Tax Architects LLC raised its holdings in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 7.7% in the first quarter. Financial & Tax Architects LLC now owns 39,531 shares of the company’s stock worth $3,687,000 after purchasing an additional 2,839 shares in the last quarter.

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund Company Profile

The PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (HYS) is an exchange-traded fund that mostly invests in high yield fixed income. The fund aims to capture exposure to the short maturity segment of the high-yield corporate bond sector. HYS was launched on Jun 16, 2011 and is managed by PIMCO.