PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (NYSEARCA:CORP) Shares Down 0.3%

Shares of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (NYSEARCA:CORP) fell 0.3% during trading on Thursday . The stock traded as low as $94.59 and last traded at $94.70. 52,537 shares changed hands during mid-day trading, a decline of 29% from the average session volume of 73,605 shares. The stock had previously closed at $94.95.

PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund Stock Performance

The firm has a 50 day simple moving average of $94.59 and a 200-day simple moving average of $95.04.

Institutional Trading of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund

Several large investors have recently added to or reduced their stakes in CORP. Comerica Bank grew its holdings 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 worth $530,000 after acquiring an additional 2,772 shares during the last quarter. BNP Paribas bought a new stake in shares of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund during the first quarter valued at approximately $855,000. Graypoint LLC bought a new stake in shares of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund during the first quarter valued at approximately $3,324,000. Future Financial Wealth Managment LLC acquired a new stake in shares of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund in the first quarter valued at approximately $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 worth $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.