PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (NYSEARCA:CORP) Sets New 12-Month High at $98.93

PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (NYSEARCA:CORP)’s share price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $98.93 and last traded at $98.93, with a volume of 34892 shares trading hands. The stock had previously closed at $98.51.

PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund Stock Down 0.0 %

The stock’s fifty day simple moving average is $97.02 and its 200-day simple moving average is $95.68.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of CORP. Future Financial Wealth Managment LLC acquired a new stake in shares of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund during the first quarter worth about $38,000. Tidemark LLC purchased a new position in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund during the 4th quarter worth approximately $84,000. Comerica Bank lifted its stake in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund by 101.0% during the 1st quarter. Comerica Bank now owns 5,517 shares of the company’s stock valued at $530,000 after acquiring an additional 2,772 shares during the period. Kickstand Ventures LLC. boosted its holdings in shares of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund by 174.6% in the 4th quarter. Kickstand Ventures LLC. now owns 7,587 shares of the company’s stock valued at $738,000 after acquiring an additional 4,824 shares during the last quarter. Finally, BNP Paribas acquired a new stake in shares of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund in the first quarter worth $855,000.

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.