PIMCO Intermediate Municipal Bond Exchange-Traded Fund (NYSEARCA:MUNI) Stock Price Up 0.1%

PIMCO Intermediate Municipal Bond Exchange-Traded Fund (NYSEARCA:MUNI)’s stock price rose 0.1% on Tuesday . The company traded as high as $55.36 and last traded at $55.36, approximately 4,066 shares were traded during trading. A decline of 85% from the average daily volume of 26,726 shares. The stock had previously closed at $55.32.

The firm has a 50-day moving average of $54.92.

Several large investors have recently modified their holdings of MUNI. Coastal Capital Group Inc. acquired a new position in shares of PIMCO Intermediate Municipal Bond Exchange-Traded Fund during the second quarter worth approximately $32,000. Avondale Wealth Management purchased a new stake in PIMCO Intermediate Municipal Bond Exchange-Traded Fund in the 2nd quarter valued at $192,000. Bank of New York Mellon Corp purchased a new stake in PIMCO Intermediate Municipal Bond Exchange-Traded Fund in the 4th quarter valued at $296,000. Boston Advisors LLC raised its position in PIMCO Intermediate Municipal Bond Exchange-Traded Fund by 8.2% in the 2nd quarter. Boston Advisors LLC now owns 27,253 shares of the company’s stock valued at $1,495,000 after buying an additional 2,077 shares during the last quarter. Finally, Foster & Motley Inc. raised its position in PIMCO Intermediate Municipal Bond Exchange-Traded Fund by 25.2% in the 2nd quarter. Foster & Motley Inc. now owns 52,919 shares of the company’s stock valued at $2,903,000 after buying an additional 10,640 shares during the last quarter.

PIMCO Intermediate Municipal Bond Exchange-Traded Fund Company Profile (NYSEARCA:MUNI)

PIMCO Intermediate Municipal Bond Strategy Fund, formerly, PIMCO Intermediate Municipal Bond ETF (the Fund), seeks to achieve its investment objective by investing at least 80% of its assets in a diversified portfolio of debt securities whose interest is, in the opinion of bond counsel for the issuer at the time of issuance, exempt from federal income tax (Municipal Bonds).

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