PIMCO Low Duration Exchange-Traded Fund (NYSEARCA:LDUR) Short Interest Update

PIMCO Low Duration Exchange-Traded Fund (NYSEARCA:LDUR) saw a significant drop in short interest in the month of March. As of March 13th, there was short interest totaling 117,261 shares, a drop of 61.9% from the February 26th total of 308,014 shares. Based on an average daily volume of 73,540 shares, the short-interest ratio is presently 1.6 days. Currently, 0.9% of the shares of the stock are sold short. Currently, 0.9% of the shares of the stock are sold short. Based on an average daily volume of 73,540 shares, the short-interest ratio is presently 1.6 days.

PIMCO Low Duration Exchange-Traded Fund Trading Down 0.2%

Shares of NYSEARCA:LDUR opened at $95.50 on Wednesday. PIMCO Low Duration Exchange-Traded Fund has a 1 year low of $94.57 and a 1 year high of $96.60. The business’s 50 day moving average price is $96.02 and its 200-day moving average price is $96.04.

PIMCO Low Duration Exchange-Traded Fund Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were given a dividend of $0.30 per share. This represents a c) annualized dividend and a dividend yield of 3.8%. The ex-dividend date was Monday, March 2nd.

Institutional Investors Weigh In On PIMCO Low Duration Exchange-Traded Fund

Institutional investors have recently bought and sold shares of the company. CWM LLC increased its position in shares of PIMCO Low Duration Exchange-Traded Fund by 1.7% during the fourth quarter. CWM LLC now owns 939,933 shares of the company’s stock worth $90,182,000 after purchasing an additional 16,035 shares in the last quarter. Advocacy Wealth Management LLC lifted its holdings in PIMCO Low Duration Exchange-Traded Fund by 2.3% in the 4th quarter. Advocacy Wealth Management LLC now owns 911,899 shares of the company’s stock valued at $87,492,000 after purchasing an additional 20,348 shares in the last quarter. LPL Financial LLC boosted its stake in PIMCO Low Duration Exchange-Traded Fund by 38.6% during the 4th quarter. LPL Financial LLC now owns 597,089 shares of the company’s stock worth $57,288,000 after purchasing an additional 166,306 shares during the last quarter. Advocacy Wealth Management Services LLC boosted its stake in PIMCO Low Duration Exchange-Traded Fund by 7.4% during the 2nd quarter. Advocacy Wealth Management Services LLC now owns 439,985 shares of the company’s stock worth $42,164,000 after purchasing an additional 30,297 shares during the last quarter. Finally, TD Capital Management LLC lifted its stake in shares of PIMCO Low Duration Exchange-Traded Fund by 0.8% in the fourth quarter. TD Capital Management LLC now owns 431,360 shares of the company’s stock worth $41,387,000 after buying an additional 3,564 shares in the last quarter.

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.