PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (NYSEARCA:HYS) Trading Down 0.5% – Here’s What Happened

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (NYSEARCA:HYS) shares traded down 0.5% during mid-day trading on Friday . The stock traded as low as $93.55 and last traded at $93.62. 115,514 shares changed hands during trading, a decline of 23% from the average session volume of 149,336 shares. The stock had previously closed at $94.10.

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund Trading Down 0.5 %

The company’s fifty day moving average price is $94.44 and its 200-day moving average price is $94.18.

Institutional Investors Weigh In On PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund

Several institutional investors and hedge funds have recently made changes to their positions in HYS. Ashton Thomas Private Wealth LLC acquired a new position in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund in the 2nd quarter worth approximately $36,000. EverSource Wealth Advisors LLC increased its stake in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 77.7% in the second quarter. EverSource Wealth Advisors LLC now owns 615 shares of the company’s stock worth $58,000 after acquiring an additional 269 shares during the period. Farther Finance Advisors LLC raised its holdings in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 86.5% during the third quarter. Farther Finance Advisors LLC now owns 3,675 shares of the company’s stock worth $351,000 after purchasing an additional 1,704 shares during the last quarter. CKW Financial Group raised its holdings in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 2.8% during the third quarter. CKW Financial Group now owns 19,837 shares of the company’s stock worth $1,883,000 after purchasing an additional 541 shares during the last quarter. Finally, Strategic Advocates LLC lifted its position in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 8.4% during the third quarter. Strategic Advocates LLC now owns 94,711 shares of the company’s stock valued at $9,045,000 after purchasing an additional 7,319 shares during the period.

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.