PIMCO Broad U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:TIPZ) Short Interest Up 539.3% in March

PIMCO Broad U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:TIPZ) saw a large increase in short interest in March. As of March 13th, there was short interest totaling 927 shares, an increase of 539.3% from the February 26th total of 145 shares. Based on an average trading volume of 18,752 shares, the short-interest ratio is currently 0.0 days. Currently, 0.1% of the company’s stock are sold short. Currently, 0.1% of the company’s stock are sold short. Based on an average trading volume of 18,752 shares, the short-interest ratio is currently 0.0 days.

PIMCO Broad U.S. TIPS Index Exchange-Traded Fund Trading Up 0.3%

Shares of NYSEARCA:TIPZ traded up $0.15 during trading hours on Wednesday, hitting $53.03. The company’s stock had a trading volume of 15,277 shares, compared to its average volume of 11,901. PIMCO Broad U.S. TIPS Index Exchange-Traded Fund has a 52 week low of $51.54 and a 52 week high of $54.16. The firm’s fifty day moving average price is $53.38 and its 200 day moving average price is $53.47.

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

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

Institutional Trading of PIMCO Broad U.S. TIPS Index Exchange-Traded Fund

A number of hedge funds have recently bought and sold shares of the stock. One Capital Management LLC acquired a new stake in shares of PIMCO Broad U.S. TIPS Index Exchange-Traded Fund in the 3rd quarter worth $4,177,000. Flow Traders U.S. LLC acquired a new position in PIMCO Broad U.S. TIPS Index Exchange-Traded Fund during the 3rd quarter valued at about $1,410,000. Jones Financial Companies Lllp raised its stake in PIMCO Broad U.S. TIPS Index Exchange-Traded Fund by 534.4% in the first quarter. Jones Financial Companies Lllp now owns 14,280 shares of the company’s stock valued at $713,000 after buying an additional 12,029 shares during the last quarter. Fairway Wealth LLC raised its stake in PIMCO Broad U.S. TIPS Index Exchange-Traded Fund by 8.6% in the fourth quarter. Fairway Wealth LLC now owns 6,836 shares of the company’s stock valued at $358,000 after buying an additional 540 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in PIMCO Broad U.S. TIPS Index Exchange-Traded Fund by 1,087.7% in the second quarter. JPMorgan Chase & Co. now owns 5,618 shares of the company’s stock worth $299,000 after acquiring an additional 5,145 shares in the last quarter.

About PIMCO Broad U.S. TIPS Index Exchange-Traded Fund

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.