PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ) Sees Large Volume Increase – Here’s What Happened

Shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZGet Free Report) saw strong trading volume on Thursday . 87,455 shares were traded during mid-day trading, a decline of 16% from the previous session’s volume of 104,426 shares.The stock last traded at $48.3390 and had previously closed at $48.52.

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

The stock’s 50 day moving average is $50.17 and its 200 day moving average is $51.34.

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

Institutional investors have recently made changes to their positions in the stock. Eagle Bay Advisors LLC bought a new position in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund in the fourth quarter worth $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 4th quarter. WFA of San Diego LLC now owns 680 shares of the company’s stock valued at $35,000 after purchasing an additional 400 shares during the period. IFP Advisors Inc raised its stake in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 40.0% during the 3rd quarter. IFP Advisors Inc now owns 3,500 shares of the company’s stock valued at $186,000 after purchasing an additional 1,000 shares during the period. Atlas Capital Advisors Inc. purchased a new stake in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund during the 4th quarter worth about $235,000. Finally, Essential Partners LLC lifted its holdings in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 5.1% during the 1st quarter. Essential Partners LLC now owns 7,584 shares of the company’s stock worth $387,000 after purchasing an additional 371 shares in the last quarter. Hedge funds and other institutional investors own 39.71% of the company’s stock.

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

(Get Free Report)

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.

Further Reading

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.