PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (NYSEARCA:HYS) Shares Up 0.4% – Time to Buy?

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (NYSEARCA:HYS)’s stock price was up 0.4% during mid-day trading on Thursday . The stock traded as high as $94.85 and last traded at $94.80. 181,431 shares traded hands during trading, an increase of 28% from the average session volume of 141,909 shares. The stock had previously closed at $94.43.

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund Stock Up 0.4 %

The stock has a 50 day moving average price of $94.68 and a 200 day moving average price of $93.59.

Institutional Trading of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund

Several hedge funds and other institutional investors have recently made changes to their positions in the company. EverSource Wealth Advisors LLC boosted its position in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 47.2% during the 1st quarter. EverSource Wealth Advisors LLC now owns 346 shares of the company’s stock worth $32,000 after buying an additional 111 shares during the period. Ashton Thomas Private Wealth LLC acquired a new position in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund during the second quarter worth $36,000. Family Firm Inc. bought a new stake in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund in the second quarter worth $89,000. Farther Finance Advisors LLC increased its holdings in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 86.5% in the third quarter. Farther Finance Advisors LLC now owns 3,675 shares of the company’s stock valued at $351,000 after purchasing an additional 1,704 shares during the period. Finally, NewSquare Capital LLC raised its position in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 13.4% during the 2nd quarter. NewSquare Capital LLC now owns 15,991 shares of the company’s stock worth $1,482,000 after purchasing an additional 1,888 shares during the last quarter.

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

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.