PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ) Sees Large Volume Increase – Should You Buy?

PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZGet Free Report) shares saw unusually-strong trading volume on Thursday . Approximately 183,405 shares traded hands during trading, an increase of 17% from the previous session’s volume of 157,361 shares.The stock last traded at $47.5150 and had previously closed at $47.89.

PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund Stock Down 0.7%

The company has a 50 day moving average of $48.27 and a two-hundred day moving average of $50.29.

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

A number of institutional investors and hedge funds have recently made changes to their positions in LTPZ. Greenline Partners LLC raised its stake in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 8.0% during the 3rd quarter. Greenline Partners LLC now owns 29,398 shares of the company’s stock worth $1,566,000 after buying an additional 2,190 shares during the period. Atlas Capital Advisors Inc. acquired a new stake in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund in the 4th quarter valued at $235,000. WFA of San Diego LLC increased its holdings in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 142.9% in the 4th quarter. WFA of San Diego LLC now owns 680 shares of the company’s stock worth $35,000 after acquiring an additional 400 shares in the last quarter. Torren Management LLC increased its holdings in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 6.9% in the 1st quarter. Torren Management LLC now owns 56,485 shares of the company’s stock worth $2,882,000 after acquiring an additional 3,633 shares in the last quarter. Finally, Essential Partners LLC raised its position in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 5.1% during the first quarter. Essential Partners LLC now owns 7,584 shares of the company’s stock worth $387,000 after acquiring an additional 371 shares during the period. 39.71% of the stock is currently owned by hedge funds and other institutional investors.

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

(Get Free Report)

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). The Fund seeks to achieve its investment objective by investing at least 80% of its total assets (exclusive of collateral held from securities lending) in the component securities (Component Securities) of the Underlying Index.

Further Reading

Receive News & Ratings for PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund and related companies with MarketBeat.com's FREE daily email newsletter.