PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (NYSEARCA:CORP) Sets New 12-Month High at $98.90

Shares of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (NYSEARCA:CORP) hit a new 52-week high during trading on Monday . The company traded as high as $98.90 and last traded at $98.90, with a volume of 3592 shares traded. The stock had previously closed at $98.69.

PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund Stock Down 0.1 %

The stock has a 50-day simple moving average of $96.57 and a 200 day simple moving average of $95.50.

Hedge Funds Weigh In On PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Kickstand Ventures LLC. lifted its holdings in shares of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund by 174.6% during the fourth 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 period. Tidemark LLC acquired a new position in shares of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund in the 4th quarter worth approximately $84,000. Evensky & Katz LLC grew its position in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund by 72.1% during the 1st quarter. Evensky & Katz LLC now owns 20,104 shares of the company’s stock worth $1,931,000 after acquiring an additional 8,422 shares during the last quarter. Future Financial Wealth Managment LLC acquired a new stake in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund during the 1st quarter valued at $38,000. Finally, Tsfg LLC raised its position in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund by 1,414.8% in the 1st quarter. Tsfg LLC now owns 14,027 shares of the company’s stock valued at $1,347,000 after purchasing an additional 13,101 shares during the last quarter.

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.