PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ – Get Free Report) hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $52.78 and last traded at $52.82, with a volume of 9989 shares changing hands. The stock had previously closed at $52.84.
PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund Trading Down 0.1%
The stock’s fifty day simple moving average is $53.34 and its 200 day simple moving average is $53.79.
Institutional Investors Weigh In On PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund
Several hedge funds and other institutional investors have recently modified their holdings of the stock. Canandaigua National Bank & Trust Co. purchased a new position in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund during the second quarter valued at $221,000. Arbor Investment Advisors LLC increased its position in 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 worth $5,217,000 after buying an additional 1,889 shares in the last quarter. TD Private Client Wealth LLC raised its stake 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 worth $978,000 after buying an additional 803 shares during the period. Captrust Financial Advisors raised its stake in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 1.3% in 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 period. Finally, JPMorgan Chase & Co. lifted its position 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 valued at $99,000 after buying an additional 1,059 shares in the last quarter. 75.17% of the stock is currently owned by hedge funds and other institutional investors.
PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund Company Profile
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.
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