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

Shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZGet Free Report) saw strong trading volume on Wednesday . Approximately 205,924 shares traded hands during trading, an increase of 240% from the previous session’s volume of 60,533 shares.The stock last traded at $52.5250 and had previously closed at $52.53.

PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund Trading Down 0.0%

The firm has a fifty day moving average of $52.82 and a 200-day moving average of $53.58.

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

A number of institutional investors have recently added to or reduced their stakes in the company. Arbor Investment Advisors LLC grew its position in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 2.0% in the 1st quarter. Arbor Investment Advisors LLC now owns 96,423 shares of the company’s stock valued at $5,217,000 after acquiring an additional 1,889 shares during the period. Captrust Financial Advisors increased its position in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 1.3% during the third quarter. Captrust Financial Advisors now owns 48,536 shares of the company’s stock worth $2,630,000 after buying an additional 638 shares during the last quarter. TD Private Client Wealth LLC lifted its position in shares of 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 buying an additional 803 shares during the last quarter. Canandaigua National Bank & Trust Co. bought a new position in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund during the 2nd quarter worth approximately $221,000. Finally, JPMorgan Chase & Co. increased its holdings 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 acquiring an additional 1,059 shares during the last quarter. 75.17% of the stock is currently owned by institutional investors and hedge funds.

PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund Company Profile

(Get Free Report)

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.

Further Reading

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