PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ) Reaches New 52-Week High – Here’s Why

PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZGet Free Report)’s stock price hit a new 52-week high on Friday . The stock traded as high as $53.03 and last traded at $53.03, with a volume of 964 shares. The stock had previously closed at $52.94.

PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund Stock Up 0.2 %

The company’s 50 day moving average price is $52.54 and its two-hundred day moving average price is $52.48.

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

Several institutional investors have recently made changes to their positions in the business. Summit Financial LLC grew its holdings in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 2.8% during the 4th quarter. Summit Financial LLC now owns 22,045 shares of the company’s stock valued at $1,154,000 after buying an additional 605 shares in the last quarter. TIAA Trust National Association lifted its position in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 136.2% in the fourth quarter. TIAA Trust National Association now owns 488,640 shares of the company’s stock worth $25,555,000 after buying an additional 281,727 shares during the last quarter. Jones Financial Companies Lllp lifted its position in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 397.0% in the fourth 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 during the last quarter. Arbor Investment Advisors LLC lifted its position in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 5.7% in the fourth quarter. Arbor Investment Advisors LLC now owns 86,799 shares of the company’s stock worth $4,540,000 after buying an additional 4,712 shares during the last quarter. Finally, 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 third 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 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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