PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ) Trading 0.2% Higher – Here’s Why

Shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZGet Free Report) shot up 0.2% on Wednesday . The company traded as high as $52.40 and last traded at $52.40. 24,981 shares were traded during trading, a decline of 62% from the average session volume of 65,536 shares. The stock had previously closed at $52.31.

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

The stock has a 50 day simple moving average of $52.41 and a 200-day simple moving average of $52.29.

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

Several large investors have recently modified their holdings of the stock. TD Private Client Wealth LLC lifted its position in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 68.7% in the 3rd quarter. TD Private Client Wealth LLC now owns 6,270 shares of the company’s stock valued at $331,000 after acquiring an additional 2,554 shares in the last quarter. Flow Traders U.S. LLC purchased a new position in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund in the third quarter worth $1,180,000. Kovitz Investment Group Partners LLC purchased a new position in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund in the third quarter worth $1,916,000. Finally, Arbor Investment Advisors LLC lifted its holdings in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 7.2% during the third quarter. Arbor Investment Advisors LLC now owns 82,087 shares of the company’s stock valued at $4,336,000 after purchasing an additional 5,526 shares in the last quarter.

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.

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