PIMCO Broad U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:TIPZ) Plans $0.20 Monthly Dividend

PIMCO Broad U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:TIPZ) announced a monthly dividend on Tuesday, December 30th. Stockholders of record on Wednesday, December 31st will be paid a dividend of 0.20 per share on Monday, January 5th. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date of this dividend is Wednesday, December 31st.

PIMCO Broad U.S. TIPS Index Exchange-Traded Fund Stock Performance

Shares of NYSEARCA TIPZ traded down $0.20 during trading hours on Wednesday, hitting $53.01. 1,445 shares of the stock were exchanged, compared to its average volume of 19,931. The company’s fifty day simple moving average is $53.44 and its two-hundred day simple moving average is $53.41. PIMCO Broad U.S. TIPS Index Exchange-Traded Fund has a 1-year low of $51.54 and a 1-year high of $54.16.

About PIMCO Broad U.S. TIPS Index Exchange-Traded Fund

PIMCO Broad U.S. TIPS Index ETF, formerly Pimco Broad U.S. Tips Index Fund, is an exchange-traded fund (ETF). The Fund seeks to achieve its investment objective by investing under normal circumstances at least 80% of its total assets in the component securities (Component Securities) of The BofA Merrill Lynch US Inflation-Linked Treasury Index (the Index). The Index is an unmanaged index comprised of Treasury Inflation Protected Securities (TIPS). The Fund may invest in derivative instruments, such as options, futures contracts or swap agreements.