PIMCO Low Duration Exchange-Traded Fund (NYSEARCA:LDUR) Hits New 12-Month High – What’s Next?

Shares of PIMCO Low Duration Exchange-Traded Fund (NYSEARCA:LDUR) reached a new 52-week high on Wednesday . The company traded as high as $96.69 and last traded at $96.69, with a volume of 315 shares traded. The stock had previously closed at $95.28.

PIMCO Low Duration Exchange-Traded Fund Trading Up 0.1 %

The business has a fifty day simple moving average of $95.59 and a two-hundred day simple moving average of $95.00.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in LDUR. Key Financial Inc bought a new stake in shares of PIMCO Low Duration Exchange-Traded Fund in the 3rd quarter worth approximately $28,000. Future Financial Wealth Managment LLC bought a new stake in shares of PIMCO Low Duration Exchange-Traded Fund in the 3rd quarter worth approximately $29,000. Opal Wealth Advisors LLC bought a new stake in shares of PIMCO Low Duration Exchange-Traded Fund in the 2nd quarter worth approximately $38,000. Security Financial Services INC. bought a new stake in shares of PIMCO Low Duration Exchange-Traded Fund in the 2nd quarter worth approximately $210,000. Finally, Interchange Capital Partners LLC bought a new stake in shares of PIMCO Low Duration Exchange-Traded Fund in the 2nd quarter worth approximately $260,000.

PIMCO Low Duration Exchange-Traded Fund Company Profile

The PIMCO Enhanced Low Duration Active Exchange-Traded Fund (LDUR) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed broad-market, investment-grade bond fund with target duration between 1-3 years. LDUR was launched on Jan 22, 2014 and is managed by PIMCO.