PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ) Reaches New 1-Year Low – What’s Next?

PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ) shares reached a new 52-week low on Monday . The stock traded as low as $52.78 and last traded at $52.82, with a volume of 9989 shares changing hands. The stock had previously closed at $52.84.

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

The firm’s fifty day moving average price is $53.29 and its two-hundred day moving average price is $53.78.

Institutional Trading of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in STPZ. Arbor Investment Advisors LLC boosted its holdings in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 2.0% in the first quarter. Arbor Investment Advisors LLC now owns 96,423 shares of the company’s stock worth $5,217,000 after acquiring an additional 1,889 shares in the last quarter. Captrust Financial Advisors increased its holdings in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 1.3% during the third quarter. Captrust Financial Advisors now owns 48,536 shares of the company’s stock valued at $2,630,000 after acquiring an additional 638 shares in the last quarter. TD Private Client Wealth LLC increased its holdings in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 4.6% during the fourth quarter. TD Private Client Wealth LLC now owns 18,229 shares of the company’s stock valued at $978,000 after acquiring an additional 803 shares in the last quarter. Canandaigua National Bank & Trust Co. bought a new stake in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund during the second quarter valued at approximately $221,000. Finally, JPMorgan Chase & Co. raised its position in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 134.4% during the second quarter. JPMorgan Chase & Co. now owns 1,847 shares of the company’s stock worth $99,000 after purchasing an additional 1,059 shares during the period. 75.17% of the stock is owned by institutional investors.

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. The BofA Merrill Lynch 1-5 Year US Inflation-Linked Treasury Index is an unmanaged index comprised of the United States Treasury Inflation Protected Securities with at least $1 billion in outstanding face value and a remaining term to final maturity of at least one year and less than five years.