PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ) Sets New 12-Month Low – Time to Sell?

PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ)’s share price hit a new 52-week low on Wednesday . The stock traded as low as $52.79 and last traded at $52.80, with a volume of 196354 shares changing hands. The stock had previously closed at $53.34.

PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund Stock Performance

The stock has a 50-day moving average price of $53.77 and a 200-day moving average price of $53.88.

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

Several hedge funds and other institutional investors have recently bought and sold shares of the business. JPMorgan Chase & Co. boosted its stake in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 134.4% during the 2nd 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 during the last quarter. Arkos Global Advisors bought a new stake in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund in the third quarter worth $232,000. KERR FINANCIAL PLANNING Corp bought a new stake in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund in the third quarter worth $254,000. TD Private Client Wealth LLC raised its holdings in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 4.6% in the fourth quarter. TD Private Client Wealth LLC now owns 18,229 shares of the company’s stock valued at $978,000 after acquiring an additional 803 shares in the last quarter. Finally, Captrust Financial Advisors raised its holdings in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 146.8% in the second quarter. Captrust Financial Advisors now owns 47,898 shares of the company’s stock valued at $2,577,000 after acquiring an additional 28,493 shares in the last quarter. 75.17% of the stock is currently owned by hedge funds and other institutional investors.

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

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.