PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ) Hits New 1-Year Low – Here’s Why

PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZGet Free Report)’s stock price reached a new 52-week low during trading on Tuesday . The stock traded as low as $52.00 and last traded at $52.0060, with a volume of 7156 shares changing hands. The stock had previously closed at $52.04.

PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund Stock Performance

The business has a 50 day moving average of $52.62 and a two-hundred day moving average of $53.41.

Institutional Investors Weigh In On PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund

A hedge fund recently bought a new stake in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund stock. Canandaigua National Bank & Trust Co. purchased a new position in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZFree Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 4,150 shares of the company’s stock, valued at approximately $221,000. Hedge funds and other institutional investors own 75.17% of the company’s stock.

About PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund

(Get Free Report)

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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