PIMCO Broad U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:TIPZ) Short Interest Update

PIMCO Broad U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:TIPZ) was the target of a significant decline in short interest in January. As of January 15th, there was short interest totaling 157 shares, a decline of 96.2% from the December 31st total of 4,144 shares. Based on an average daily volume of 14,234 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are sold short. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 14,234 shares, the short-interest ratio is presently 0.0 days.

PIMCO Broad U.S. TIPS Index Exchange-Traded Fund Stock Performance

Shares of NYSEARCA TIPZ traded down $0.05 during midday trading on Wednesday, reaching $53.14. 812 shares of the company were exchanged, compared to its average volume of 10,715. The stock has a fifty day simple moving average of $53.16 and a 200 day simple moving average of $53.42. PIMCO Broad U.S. TIPS Index Exchange-Traded Fund has a 1 year low of $51.54 and a 1 year high of $54.16.

PIMCO Broad U.S. TIPS Index Exchange-Traded Fund Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Monday, January 5th. Shareholders of record on Wednesday, December 31st were issued a $0.20 dividend. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a c) dividend on an annualized basis and a yield of 4.5%.

Hedge Funds Weigh In On PIMCO Broad U.S. TIPS Index Exchange-Traded Fund

Several institutional investors and hedge funds have recently bought and sold shares of the stock. One Capital Management LLC acquired a new position in PIMCO Broad U.S. TIPS Index Exchange-Traded Fund during the third quarter valued at approximately $4,177,000. Flow Traders U.S. LLC purchased a new stake in PIMCO Broad U.S. TIPS Index Exchange-Traded Fund during the 3rd quarter worth $1,410,000. Jones Financial Companies Lllp increased its holdings in PIMCO Broad U.S. TIPS Index Exchange-Traded Fund by 534.4% in the 1st quarter. Jones Financial Companies Lllp now owns 14,280 shares of the company’s stock valued at $713,000 after purchasing an additional 12,029 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in PIMCO Broad U.S. TIPS Index Exchange-Traded Fund by 1,087.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 5,618 shares of the company’s stock worth $299,000 after acquiring an additional 5,145 shares during the period. Finally, IFP Advisors Inc grew its position in PIMCO Broad U.S. TIPS Index Exchange-Traded Fund by 1,134.0% in the third quarter. IFP Advisors Inc now owns 2,468 shares of the company’s stock valued at $133,000 after acquiring an additional 2,268 shares in the last quarter.

PIMCO Broad U.S. TIPS Index Exchange-Traded Fund Company Profile

PIMCO Broad U.S. TIPS Index ETF, formerly Pimco Broad U.S. Tips Index Fund, is an exchange-traded fund (ETF). The Fund seeks to achieve its investment objective by investing under normal circumstances at least 80% of its total assets in the component securities (Component Securities) of The BofA Merrill Lynch US Inflation-Linked Treasury Index (the Index). The Index is an unmanaged index comprised of Treasury Inflation Protected Securities (TIPS). The Fund may invest in derivative instruments, such as options, futures contracts or swap agreements.