PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ) Short Interest Update

PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ) was the recipient of a large decline in short interest in February. As of February 27th, there was short interest totaling 55,514 shares, a decline of 27.2% from the February 12th total of 76,264 shares. Approximately 0.4% of the shares of the company are sold short. Based on an average trading volume of 57,864 shares, the short-interest ratio is currently 1.0 days. Based on an average trading volume of 57,864 shares, the short-interest ratio is currently 1.0 days. Approximately 0.4% of the shares of the company are sold short.

PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund Trading Down 0.7%

LTPZ stock traded down $0.38 during trading on Friday, reaching $51.40. 77,490 shares of the company’s stock were exchanged, compared to its average volume of 72,343. PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund has a 1-year low of $49.04 and a 1-year high of $55.66. The company’s fifty day moving average price is $52.43 and its 200-day moving average price is $52.83.

Institutional Investors Weigh In On PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund

Several institutional investors have recently bought and sold shares of LTPZ. WFA of San Diego LLC grew its position in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 142.9% in the 4th quarter. WFA of San Diego LLC now owns 680 shares of the company’s stock valued at $35,000 after buying an additional 400 shares in the last quarter. Atlas Capital Advisors Inc. acquired a new stake in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund in the 4th quarter worth approximately $235,000. Hirtle Callaghan & Co LLC lifted its stake in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 14.1% in the 4th quarter. Hirtle Callaghan & Co LLC now owns 67,099 shares of the company’s stock worth $3,472,000 after acquiring an additional 8,267 shares during the period. Torren Management LLC bought a new position in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund in the fourth quarter valued at approximately $2,735,000. Finally, Ares Financial Consulting LLC bought a new position in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund in the fourth quarter valued at approximately $3,102,000. Institutional investors and hedge funds own 39.71% of the company’s stock.

About PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund

PIMCO 15+ Year US TIPS Index ETF (the Fund), formerly PIMCO 15+ Year U.S. TIPS Index Fund, is an exchange-traded fund. The investment objective of the Fund is provide total return that closely corresponds to the total return of The BofA Merrill Lynch 15+ Year US Inflation-Linked Treasury Index (the Underlying Index). The Fund seeks to achieve its investment objective by investing at least 80% of its total assets (exclusive of collateral held from securities lending) in the component securities (Component Securities) of the Underlying Index.