Shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ – Get Free Report) reached a new 52-week low during trading on Tuesday . The stock traded as low as $48.63 and last traded at $48.7050, with a volume of 7748 shares. The stock had previously closed at $49.19.
PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund Trading Down 0.1%
The business’s fifty day moving average is $50.35 and its two-hundred day moving average is $51.43.
Institutional Trading of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund
Several institutional investors and hedge funds have recently modified their holdings of LTPZ. Greenline Partners LLC grew its stake in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 8.0% in the third quarter. Greenline Partners LLC now owns 29,398 shares of the company’s stock worth $1,566,000 after purchasing an additional 2,190 shares in the last quarter. IFP Advisors Inc raised its position in 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 in the last quarter. Eagle Bay Advisors LLC purchased a new stake in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund in the 4th quarter worth $29,000. Ares Financial Consulting LLC purchased a new stake in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund in the 4th quarter worth $3,102,000. Finally, Torren Management LLC purchased a new stake in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund in the 4th quarter worth $2,735,000. Institutional investors own 39.71% of the company’s stock.
About PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund
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.
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