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

Shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ) saw strong trading volume on Tuesday . 107,810 shares changed hands during trading, an increase of 60% from the previous session’s volume of 67,343 shares.The stock last traded at $52.87 and had previously closed at $52.90.

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

The company has a 50-day moving average price of $52.50 and a two-hundred day moving average price of $52.43.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Arbor Investment Advisors LLC raised its stake in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 5.7% during the fourth quarter. Arbor Investment Advisors LLC now owns 86,799 shares of the company’s stock valued at $4,540,000 after acquiring an additional 4,712 shares in the last quarter. Kovitz Investment Group Partners LLC purchased a new position in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund during the 3rd quarter worth $1,916,000. Flow Traders U.S. LLC bought a new stake in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund during the 3rd quarter valued at $1,180,000. TD Private Client Wealth LLC lifted its holdings in shares of 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 worth $331,000 after buying an additional 2,554 shares during the period. Finally, Jones Financial Companies Lllp grew its position in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 397.0% during the 4th quarter. Jones Financial Companies Lllp now owns 2,937 shares of the company’s stock worth $154,000 after buying an additional 2,346 shares in the last quarter.

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

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.