PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (NYSEARCA:HYS) Sets New 1-Year Low – Time to Sell?

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (NYSEARCA:HYSGet Free Report) hit a new 52-week low during trading on Wednesday . The stock traded as low as $91.57 and last traded at $91.5240, with a volume of 11950 shares. The stock had previously closed at $91.86.

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund Trading Down 0.6%

The stock has a fifty day simple moving average of $92.57 and a two-hundred day simple moving average of $93.09.

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

Several hedge funds have recently bought and sold shares of HYS. Wellington Altus USA Inc. increased its holdings in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 229.6% during the 2nd quarter. Wellington Altus USA Inc. now owns 880 shares of the company’s stock worth $82,000 after acquiring an additional 613 shares during the period. Continuum Advisory LLC purchased a new position in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund during the 2nd quarter valued at $78,000. CoreCap Advisors LLC grew its position in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 80.4% during the 2nd quarter. CoreCap Advisors LLC now owns 1,584 shares of the company’s stock valued at $148,000 after purchasing an additional 706 shares in the last quarter. Arkadios Wealth Advisors grew its position in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 101.4% during the 1st quarter. Arkadios Wealth Advisors now owns 23,792 shares of the company’s stock valued at $2,219,000 after purchasing an additional 11,979 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its holdings in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 6.2% in the first quarter. Bank of New York Mellon Corp now owns 8,413 shares of the company’s stock worth $785,000 after purchasing an additional 491 shares during the period.

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund Company Profile

(Get Free Report)

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.

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