Shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ – Get Free Report) saw unusually-strong trading volume on Thursday . Approximately 290,572 shares traded hands during mid-day trading, an increase of 287% from the previous session’s volume of 74,995 shares.The stock last traded at $52.10 and had previously closed at $51.99.
PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund Trading Down 2.5%
The firm’s 50 day moving average is $52.41 and its 200 day moving average is $52.81.
Institutional Trading of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Bessemer Group Inc. acquired a new position in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund during the 3rd quarter valued at about $27,000. Eagle Bay Advisors LLC bought a new stake in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund during the fourth quarter worth approximately $29,000. WFA of San Diego LLC raised its stake in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 142.9% during the fourth quarter. WFA of San Diego LLC now owns 680 shares of the company’s stock worth $35,000 after buying an additional 400 shares during the last quarter. IFP Advisors Inc lifted its holdings in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 40.0% in the third quarter. IFP Advisors Inc now owns 3,500 shares of the company’s stock valued at $186,000 after buying an additional 1,000 shares during the period. Finally, Atlas Capital Advisors Inc. bought a new position in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund in the fourth quarter valued at approximately $235,000. 39.71% of the stock is owned by institutional investors.
PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund Company Profile
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.
Recommended Stories
Receive News & Ratings for PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund and related companies with MarketBeat.com's FREE daily email newsletter.
