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

PIMCO Low Duration Exchange-Traded Fund (NYSEARCA:LDUR)’s stock price reached a new 52-week high during mid-day trading 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 Price Performance

The stock has a 50-day simple moving average of $95.59 and a 200-day simple moving average of $95.00.

Institutional Trading of PIMCO Low Duration Exchange-Traded Fund

A number of large investors have recently bought and sold shares of LDUR. Key Financial Inc bought a new position in shares of PIMCO Low Duration Exchange-Traded Fund in the third quarter worth $28,000. Future Financial Wealth Managment LLC bought a new stake in PIMCO Low Duration Exchange-Traded Fund during the third quarter valued at $29,000. Opal Wealth Advisors LLC bought a new stake in PIMCO Low Duration Exchange-Traded Fund during the second quarter valued at $38,000. Security Financial Services INC. bought a new stake in PIMCO Low Duration Exchange-Traded Fund during the second quarter valued at $210,000. Finally, Interchange Capital Partners LLC bought a new stake in PIMCO Low Duration Exchange-Traded Fund during the second quarter valued at $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.