PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ) Sees Large Volume Increase – Should You Buy?

Shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ) saw an uptick in trading volume on Friday . 185,554 shares were traded during trading, an increase of 227% from the previous session’s volume of 56,716 shares.The stock last traded at $52.84 and had previously closed at $52.84.

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

The stock has a fifty day simple moving average of $53.36 and a two-hundred day simple moving average of $53.80.

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

Several institutional investors have recently added to or reduced their stakes in STPZ. JPMorgan Chase & Co. grew its position 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 worth $99,000 after buying an additional 1,059 shares during the period. 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 worth approximately $221,000. TD Private Client Wealth LLC grew its stake 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 during the period. Captrust Financial Advisors raised its position in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 146.8% during the second quarter. Captrust Financial Advisors now owns 47,898 shares of the company’s stock worth $2,577,000 after purchasing an additional 28,493 shares during the period. Finally, Arbor Investment Advisors LLC grew its position in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 6.5% in the 4th quarter. Arbor Investment Advisors LLC now owns 94,534 shares of the company’s stock valued at $5,073,000 after purchasing an additional 5,795 shares during the period. 75.17% of the stock is owned by institutional investors and hedge funds.

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.