PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ) Sets New 52-Week Low – Here’s Why

PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZGet Free Report) shares reached a new 52-week low on Tuesday . The stock traded as low as $47.65 and last traded at $47.66, with a volume of 644780 shares traded. The stock had previously closed at $47.98.

PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund Trading Up 0.1%

The business has a 50-day simple moving average of $49.45 and a 200-day simple moving average of $50.97.

Institutional Trading of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund

Several large investors have recently modified their holdings of LTPZ. Greenline Partners LLC raised its holdings in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 8.0% in the 3rd quarter. Greenline Partners LLC now owns 29,398 shares of the company’s stock worth $1,566,000 after acquiring an additional 2,190 shares during the period. Eagle Bay Advisors LLC bought a new stake in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund during the fourth quarter valued at about $29,000. Ares Financial Consulting LLC bought a new stake in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund during the fourth quarter valued at about $3,102,000. Torren Management LLC acquired a new stake in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund in the fourth quarter valued at about $2,735,000. Finally, Hirtle Callaghan & Co LLC grew its position in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 14.1% in the fourth quarter. Hirtle Callaghan & Co LLC now owns 67,099 shares of the company’s stock valued at $3,472,000 after purchasing an additional 8,267 shares during the last quarter. 39.71% of the stock is owned by institutional investors.

About PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund

(Get Free Report)

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.

Further Reading

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