PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ) Shares Down 0.2% – Time to Sell?

PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ)’s share price fell 0.2% on Monday . The stock traded as low as $53.91 and last traded at $53.94. 36,784 shares traded hands during trading, an increase of 10% from the average session volume of 33,500 shares. The stock had previously closed at $54.05.

PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund Stock Down 0.2%

The business has a fifty day moving average price of $53.96 and a 200 day moving average price of $53.98.

PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Monday, January 5th. Shareholders of record on Wednesday, December 31st were given a dividend of $0.17 per share. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a c) annualized dividend and a dividend yield of 3.8%.

Institutional Investors Weigh In On PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund

A number of large investors have recently added to or reduced their stakes in STPZ. JPMorgan Chase & Co. raised its position in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 134.4% in the second quarter. JPMorgan Chase & Co. now owns 1,847 shares of the company’s stock valued at $99,000 after buying an additional 1,059 shares in the last quarter. Arkos Global Advisors bought a new position in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund during the 3rd quarter worth $232,000. KERR FINANCIAL PLANNING Corp bought a new position in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund during the 3rd quarter worth $254,000. Jones Financial Companies Lllp raised its holdings in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 44.6% in the 3rd quarter. Jones Financial Companies Lllp now owns 4,881 shares of the company’s stock valued at $264,000 after acquiring an additional 1,505 shares in the last quarter. Finally, TD Private Client Wealth LLC raised its holdings in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 10.9% in the 3rd quarter. TD Private Client Wealth LLC now owns 17,426 shares of the company’s stock valued at $944,000 after acquiring an additional 1,718 shares in the last quarter. Institutional investors own 75.17% of the company’s stock.

PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund Company Profile

PIMCO 1-5 Year US TIPS Index ETF, formerly Pimco 1-5 Year U.S. TIPS Index Fund, is an exchange traded fund (ETF) designed to capture the returns of the shorter maturity subset of the Treasury Inflation-Protected Securities (TIPS) market by tracking The BofA Merrill Lynch 1-5 Year US Inflation-Linked Treasury Index. The BofA Merrill Lynch 1-5 Year US Inflation-Linked Treasury Index is an unmanaged index comprised of the United States Treasury Inflation Protected Securities with at least $1 billion in outstanding face value and a remaining term to final maturity of at least one year and less than five years.