Shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ – Get Free Report) were up 0% during trading on Monday . The company traded as high as $52.71 and last traded at $52.70. 33,010 shares were traded during trading, a decline of 42% from the average session volume of 56,787 shares. The stock had previously closed at $52.69.
PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund Stock Performance
The firm’s 50-day moving average is $52.89 and its two-hundred day moving average is $53.63.
Hedge Funds Weigh In On PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund
A number of hedge funds have recently made changes to their positions in STPZ. JPMorgan Chase & Co. lifted 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 acquiring an additional 1,059 shares in the last quarter. Captrust Financial Advisors lifted its holdings in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 146.8% in 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 in the last quarter. TD Private Client Wealth LLC boosted its stake 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 during the last quarter. Arbor Investment Advisors LLC boosted its stake in 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 purchasing an additional 1,889 shares during the last quarter. Finally, Canandaigua National Bank & Trust Co. acquired a new stake in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund during the 2nd quarter worth $221,000. Institutional investors and hedge funds own 75.17% of the company’s stock.
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.
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