PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (NYSEARCA:HYS) Shares Cross Above 50 Day Moving Average – Time to Sell?

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (NYSEARCA:HYS)’s stock price passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $94.68 and traded as high as $94.75. PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund shares last traded at $94.57, with a volume of 178,165 shares changing hands.

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

The company’s 50-day moving average price is $94.67 and its two-hundred day moving average price is $93.91.

Institutional Investors Weigh In On PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund

Institutional investors and hedge funds have recently modified their holdings of the stock. TD Private Client Wealth LLC increased its stake in shares of 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 acquiring an additional 15,008 shares during the last quarter. CKW Financial Group lifted its holdings in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 2.8% in the 3rd quarter. CKW Financial Group now owns 19,837 shares of the company’s stock worth $1,883,000 after purchasing an additional 541 shares during the last quarter. Farther Finance Advisors LLC boosted its position in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 86.5% during the third quarter. Farther Finance Advisors LLC now owns 3,675 shares of the company’s stock worth $351,000 after purchasing an additional 1,704 shares during the period. Financial Management Professionals Inc. grew its holdings in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 6.8% during the third quarter. Financial Management Professionals Inc. now owns 208,386 shares of the company’s stock valued at $19,901,000 after purchasing an additional 13,303 shares during the last quarter. Finally, Strategic Advocates LLC lifted its position in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 8.4% during the 3rd quarter. Strategic Advocates LLC now owns 94,711 shares of the company’s stock worth $9,045,000 after acquiring an additional 7,319 shares during 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.