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

Shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (NYSEARCA:HYS) were up 0% during trading on Friday . The stock traded as high as $95.13 and last traded at $94.93. Approximately 60,222 shares changed hands during mid-day trading, a decline of 53% from the average daily volume of 127,801 shares. The stock had previously closed at $94.90.

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund Price Performance

The firm has a 50-day moving average of $94.43 and a 200 day moving average of $94.52.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of HYS. JPMorgan Chase & Co. increased its position in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 2,364.3% in the third quarter. JPMorgan Chase & Co. now owns 838,460 shares of the company’s stock worth $80,073,000 after purchasing an additional 804,436 shares during the period. BNP Paribas Financial Markets acquired a new stake in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund in the fourth quarter worth about $3,372,000. One Capital Management LLC increased its position in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 57.1% in the fourth quarter. One Capital Management LLC now owns 90,148 shares of the company’s stock worth $8,445,000 after purchasing an additional 32,780 shares during the period. TD Private Client Wealth LLC increased its position in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 13.7% in the third quarter. TD Private Client Wealth LLC now owns 124,687 shares of the company’s stock worth $11,908,000 after purchasing an additional 15,008 shares during the period. Finally, Financial Management Professionals Inc. increased its position in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 6.8% in the third quarter. Financial Management Professionals Inc. now owns 208,386 shares of the company’s stock worth $19,901,000 after purchasing an additional 13,303 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.