PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ) Stock Price Down 0% – What’s Next?

PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ)’s stock price fell 0% during mid-day trading on Tuesday . The stock traded as low as $52.64 and last traded at $52.65. 89,987 shares changed hands during trading, an increase of 58% from the average session volume of 56,880 shares. The stock had previously closed at $52.66.

PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund Trading Down 0.1 %

The business has a 50-day moving average of $52.51 and a 200-day moving average of $51.87.

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

An institutional investor recently raised its position in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund stock. TIAA Trust National Association lifted its stake in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ) by 2.9% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 266,495 shares of the company’s stock after acquiring an additional 7,554 shares during the quarter. TIAA Trust National Association owned about 2.81% of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund worth $13,762,000 as of its most recent filing with the SEC.

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.