PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (NYSEARCA:HYS) Sets New 52-Week Low – Time to Sell?

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (NYSEARCA:HYS)’s stock price reached a new 52-week low during trading on Monday . The stock traded as low as $92.00 and last traded at $92.4250, with a volume of 5362 shares. The stock had previously closed at $92.72.

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund Stock Down 0.3%

The stock has a fifty day moving average of $93.16 and a 200 day moving average of $93.68.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. IFC & Insurance Marketing Inc. purchased a new position in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund during the 4th quarter valued at about $31,000. Nalls Sherbakoff Group LLC bought a new stake in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund during the 4th quarter worth approximately $33,000. Ascentis Independent Advisors bought a new stake in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund during the 1st quarter worth approximately $37,000. Hillsdale Investment Management Inc. lifted its holdings in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 8.3% during the fourth quarter. Hillsdale Investment Management Inc. now owns 5,725 shares of the company’s stock valued at $543,000 after purchasing an additional 440 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its holdings in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 6.2% during the first quarter. Bank of New York Mellon Corp now owns 8,413 shares of the company’s stock valued at $785,000 after purchasing an additional 491 shares in the last quarter.

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.