PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ) Reaches New 1-Year Low – What’s Next?

PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ) shares hit a new 52-week low on Wednesday . The company traded as low as $50.80 and last traded at $50.99, with a volume of 132952 shares trading hands. The stock had previously closed at $51.10.

PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund Stock Up 0.2 %

The business’s 50 day moving average price is $53.46 and its 200-day moving average price is $55.18.

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

Several institutional investors have recently added to or reduced their stakes in the stock. Captrust Financial Advisors acquired a new position in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund in the 3rd quarter valued at about $479,000. Brown Brothers Harriman & Co. acquired a new stake in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund during the third quarter worth about $615,000. Finally, Great Lakes Retirement Inc. boosted its stake in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 68.5% in the third quarter. Great Lakes Retirement Inc. now owns 20,393 shares of the company’s stock valued at $1,178,000 after purchasing an additional 8,289 shares during the period.

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

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).