PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ) Sees Significant Decrease in Short Interest

PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ) was the recipient of a significant decrease in short interest during the month of April. As of April 30th, there was short interest totaling 35,364 shares, a decrease of 45.8% from the April 15th total of 65,242 shares. Currently, 0.4% of the company’s shares are sold short. Based on an average daily volume of 80,044 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Trading of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Arbor Investment Advisors LLC increased its holdings in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 2.0% during the 1st quarter. Arbor Investment Advisors LLC now owns 96,423 shares of the company’s stock worth $5,217,000 after buying an additional 1,889 shares during the last quarter. Captrust Financial Advisors increased its holdings in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 1.3% during the 3rd quarter. Captrust Financial Advisors now owns 48,536 shares of the company’s stock worth $2,630,000 after buying an additional 638 shares during the last quarter. TD Private Client Wealth LLC increased its holdings in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 4.6% during the 4th quarter. TD Private Client Wealth LLC now owns 18,229 shares of the company’s stock worth $978,000 after buying an additional 803 shares during the last quarter. Jones Financial Companies Lllp increased its holdings in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 44.6% during the 3rd quarter. Jones Financial Companies Lllp now owns 4,881 shares of the company’s stock worth $264,000 after buying an additional 1,505 shares during the last quarter. Finally, KERR FINANCIAL PLANNING Corp acquired a new stake in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund during the 3rd quarter worth $254,000. 75.17% of the stock is currently owned by institutional investors and hedge funds.

PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund Trading Down 0.1%

Shares of STPZ stock traded down $0.06 on Friday, reaching $54.04. 300,953 shares of the stock were exchanged, compared to its average volume of 47,548. The firm has a 50 day moving average of $54.18 and a two-hundred day moving average of $53.97. PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund has a 1-year low of $53.25 and a 1-year high of $54.58.

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.