PIMCO Short Term Municipal Bond Exchange-Traded Fund (NYSEARCA:SMMU) Reaches New 12-Month High at $50.51

PIMCO Short Term Municipal Bond Exchange-Traded Fund (NYSEARCA:SMMUGet Free Report)’s stock price hit a new 52-week high on Monday . The company traded as high as $50.51 and last traded at $50.50, with a volume of 850 shares. The stock had previously closed at $50.49.

PIMCO Short Term Municipal Bond Exchange-Traded Fund Trading Up 0.0 %

The stock’s fifty day moving average is $50.25 and its two-hundred day moving average is $49.97.

Institutional Investors Weigh In On PIMCO Short Term Municipal Bond Exchange-Traded Fund

Several hedge funds have recently made changes to their positions in SMMU. Jones Financial Companies Lllp purchased a new stake in shares of PIMCO Short Term Municipal Bond Exchange-Traded Fund in the 4th quarter valued at approximately $141,000. AdvisorNet Financial Inc lifted its position in PIMCO Short Term Municipal Bond Exchange-Traded Fund by 2.8% in the 1st quarter. AdvisorNet Financial Inc now owns 10,505 shares of the company’s stock worth $524,000 after buying an additional 285 shares in the last quarter. Bessemer Group Inc. purchased a new stake in PIMCO Short Term Municipal Bond Exchange-Traded Fund in the 1st quarter worth approximately $123,000. Comerica Bank lifted its position in PIMCO Short Term Municipal Bond Exchange-Traded Fund by 7.8% in the 1st quarter. Comerica Bank now owns 8,275 shares of the company’s stock worth $413,000 after buying an additional 597 shares in the last quarter. Finally, GAMMA Investing LLC purchased a new stake in PIMCO Short Term Municipal Bond Exchange-Traded Fund in the 2nd quarter worth approximately $32,000.

About PIMCO Short Term Municipal Bond Exchange-Traded Fund

(Get Free Report)

PIMCO Short Term Municipal Bond ETF, formerly PIMCO Short Term Municipal Bond Strategy Fund, is an exchange-traded fund. It is designed to be appropriate for investors seeking tax-exempt income. The Fund consists of a portfolio of primarily short duration, bonds which carry interest income that is exempt from federal tax and in some cases state tax.

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