PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ) Reaches New 52-Week Low – Here’s What Happened

PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZGet Free Report) shares hit a new 52-week low during trading on Thursday . The company traded as low as $52.48 and last traded at $52.4650, with a volume of 21123 shares trading hands. The stock had previously closed at $52.57.

PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund Trading Down 0.2%

The business’s 50 day moving average is $52.74 and its two-hundred day moving average is $53.52.

Institutional Trading of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Arbor Investment Advisors LLC boosted its holdings in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 2.0% in the first 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 in the last quarter. Captrust Financial Advisors raised its holdings 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 purchasing an additional 638 shares in the last quarter. TD Private Client Wealth LLC lifted its position in 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 worth $978,000 after purchasing an additional 803 shares during the period. Canandaigua National Bank & Trust Co. acquired a new stake in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund in the second quarter worth approximately $221,000. Finally, JPMorgan Chase & Co. boosted its stake in 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 valued at $99,000 after purchasing an additional 1,059 shares in the last quarter. 75.17% of the stock is currently owned by institutional investors.

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

(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.

Recommended Stories

Receive News & Ratings for PIMCO 1-5 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 1-5 Year U.S. TIPS Index Exchange-Traded Fund and related companies with MarketBeat.com's FREE daily email newsletter.