PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ) Stock Price Down 1.8%

PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ) fell 1.8% during trading on Wednesday . The company traded as low as $85.64 and last traded at $85.64. 347,275 shares traded hands during mid-day trading, an increase of 27% from the average session volume of 272,754 shares. The stock had previously closed at $87.18.

The business has a fifty day simple moving average of $90.25 and a 200 day simple moving average of $89.03.

Hedge funds and other institutional investors have recently modified their holdings of the business. Flow Traders U.S. LLC acquired a new stake in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund during the 3rd quarter worth $3,770,000. Assetmark Inc. grew its holdings in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 2,130,600.0% during the 3rd quarter. Assetmark Inc. now owns 980,122 shares of the company’s stock worth $85,016,000 after purchasing an additional 980,076 shares in the last quarter. Hudson Portfolio Management LLC acquired a new stake in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund during the 3rd quarter worth $498,000. Almanack Investment Partners LLC. grew its holdings in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 27.5% during the 3rd quarter. Almanack Investment Partners LLC. now owns 53,953 shares of the company’s stock worth $4,680,000 after purchasing an additional 11,621 shares in the last quarter. Finally, Beaumont Capital Management LLC acquired a new stake in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund during the 3rd quarter worth $606,000.

About PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ)

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).

Further Reading: What is a growth and income fund?

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