PIMCO Broad U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:TIPZ) Short Interest Update

PIMCO Broad U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:TIPZ) was the target of a significant decline in short interest in January. As of January 15th, there was short interest totaling 157 shares, a decline of 96.2% from the December 31st total of 4,144 shares. Based on an average trading volume of 14,234 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 14,234 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. One Capital Management LLC bought a new stake in PIMCO Broad U.S. TIPS Index Exchange-Traded Fund during the 3rd quarter valued at $4,177,000. Flow Traders U.S. LLC acquired a new position in shares of PIMCO Broad U.S. TIPS Index Exchange-Traded Fund in the third quarter worth about $1,410,000. Jones Financial Companies Lllp boosted its position in shares of PIMCO Broad U.S. TIPS Index Exchange-Traded Fund by 534.4% in the first quarter. Jones Financial Companies Lllp now owns 14,280 shares of the company’s stock worth $713,000 after buying an additional 12,029 shares during the period. JPMorgan Chase & Co. boosted its position in PIMCO Broad U.S. TIPS Index Exchange-Traded Fund by 1,087.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 5,618 shares of the company’s stock worth $299,000 after acquiring an additional 5,145 shares during the period. Finally, IFP Advisors Inc grew its stake in PIMCO Broad U.S. TIPS Index Exchange-Traded Fund by 1,134.0% during the 3rd quarter. IFP Advisors Inc now owns 2,468 shares of the company’s stock valued at $133,000 after acquiring an additional 2,268 shares in the last quarter.

PIMCO Broad U.S. TIPS Index Exchange-Traded Fund Price Performance

Shares of TIPZ traded down $0.05 during midday trading on Wednesday, hitting $53.14. The company had a trading volume of 812 shares, compared to its average volume of 10,715. PIMCO Broad U.S. TIPS Index Exchange-Traded Fund has a 52 week low of $51.54 and a 52 week high of $54.16. The company’s 50 day moving average price is $53.16 and its 200 day moving average price is $53.42.

PIMCO Broad U.S. TIPS Index Exchange-Traded Fund Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, January 5th. Investors of record on Wednesday, December 31st were given a dividend of $0.20 per share. The ex-dividend date was Wednesday, December 31st. This represents a c) dividend on an annualized basis and a yield of 4.5%.

PIMCO Broad U.S. TIPS Index Exchange-Traded Fund Company Profile

PIMCO Broad U.S. TIPS Index ETF, formerly Pimco Broad U.S. Tips Index Fund, is an exchange-traded fund (ETF). The Fund seeks to achieve its investment objective by investing under normal circumstances at least 80% of its total assets in the component securities (Component Securities) of The BofA Merrill Lynch US Inflation-Linked Treasury Index (the Index). The Index is an unmanaged index comprised of Treasury Inflation Protected Securities (TIPS). The Fund may invest in derivative instruments, such as options, futures contracts or swap agreements.