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

PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ) shares saw unusually-high trading volume on Thursday . Approximately 311,019 shares were traded during trading, an increase of 452% from the previous session’s volume of 56,335 shares.The stock last traded at $52.70 and had previously closed at $52.72.

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

The firm has a fifty day moving average of $52.84 and a 200-day moving average of $53.60.

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

Several large investors have recently added to or reduced their stakes in STPZ. Captrust Financial Advisors grew its stake in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 146.8% in the second quarter. Captrust Financial Advisors now owns 47,898 shares of the company’s stock worth $2,577,000 after purchasing an additional 28,493 shares in the last quarter. Canandaigua National Bank & Trust Co. bought a new position in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund in the 2nd quarter valued at about $221,000. Arbor Investment Advisors LLC increased its stake in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 2.0% during the 1st quarter. Arbor Investment Advisors LLC now owns 96,423 shares of the company’s stock valued at $5,217,000 after buying an additional 1,889 shares during the period. 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 2nd quarter. JPMorgan Chase & Co. now owns 1,847 shares of the company’s stock worth $99,000 after buying an additional 1,059 shares in the last quarter. Finally, TD Private Client Wealth LLC raised its position in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 4.6% during the 4th quarter. TD Private Client Wealth LLC now owns 18,229 shares of the company’s stock worth $978,000 after buying an additional 803 shares in the last quarter. 75.17% of the stock is currently owned by institutional investors and hedge funds.

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.