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

PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ) shares hit a new 52-week low during mid-day trading on Monday . The company traded as low as $52.52 and last traded at $52.5270, with a volume of 618 shares traded. The stock had previously closed at $52.92.

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

The firm’s 50-day moving average is $53.17 and its 200-day moving average is $53.74.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Arbor Investment Advisors LLC increased its position in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 6.5% during the fourth quarter. Arbor Investment Advisors LLC now owns 94,534 shares of the company’s stock worth $5,073,000 after acquiring an additional 5,795 shares in the last quarter. JPMorgan Chase & Co. lifted its position in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 134.4% in the 2nd quarter. JPMorgan Chase & Co. now owns 1,847 shares of the company’s stock valued at $99,000 after acquiring an additional 1,059 shares in the last quarter. Captrust Financial Advisors boosted its stake in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 146.8% during the 2nd quarter. Captrust Financial Advisors now owns 47,898 shares of the company’s stock valued at $2,577,000 after purchasing an additional 28,493 shares during the last quarter. Canandaigua National Bank & Trust Co. acquired a new position in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund during the 2nd quarter valued at about $221,000. Finally, TD Private Client Wealth LLC increased its holdings in 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 purchasing an additional 803 shares in the last quarter. 75.17% of the stock is currently owned by institutional investors and hedge funds.

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.