PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ) Shares Down 0% – Here’s Why

Shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ) traded down 0% during trading on Monday . The stock traded as low as $53.73 and last traded at $53.73. 18,928 shares traded hands during trading, a decline of 65% from the average session volume of 53,457 shares. The stock had previously closed at $53.74.

PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund Trading Down 0.0%

The stock’s 50-day moving average is $53.98 and its 200 day moving average is $53.93.

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

Several institutional investors and hedge funds have recently modified their holdings of the stock. Arbor Investment Advisors LLC lifted its position in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 1.5% in the second quarter. Arbor Investment Advisors LLC now owns 89,286 shares of the company’s stock worth $4,804,000 after buying an additional 1,280 shares during 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 3rd 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 during the last quarter. Flow Traders U.S. LLC bought a new position in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund in the 2nd quarter valued at approximately $1,417,000. TD Private Client Wealth LLC raised its stake in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 10.9% in the 3rd quarter. TD Private Client Wealth LLC now owns 17,426 shares of the company’s stock valued at $944,000 after acquiring an additional 1,718 shares in the last quarter. Finally, Jones Financial Companies Lllp lifted its holdings in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 44.6% in the 3rd quarter. Jones Financial Companies Lllp now owns 4,881 shares of the company’s stock worth $264,000 after purchasing an additional 1,505 shares during the last quarter. 75.17% of the stock is currently owned by hedge funds and other 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.