PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ) Stock Price Up 1.4% – Should You Buy?

PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ)’s stock price rose 1.4% during trading on Friday . The stock traded as high as $55.54 and last traded at $55.53. Approximately 84,827 shares traded hands during mid-day trading, a decline of 26% from the average daily volume of 115,210 shares. The stock had previously closed at $54.75.

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

The company’s 50-day moving average price is $54.10 and its two-hundred day moving average price is $54.34.

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

Institutional investors have recently bought and sold shares of the business. Atlas Capital Advisors Inc. acquired a new stake in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund in the fourth quarter valued at approximately $198,000. Jones Financial Companies Lllp raised its position in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 159.8% in the 4th quarter. Jones Financial Companies Lllp now owns 5,064 shares of the company’s stock valued at $264,000 after buying an additional 3,115 shares in the last quarter. Captrust Financial Advisors bought a new stake in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund during the 3rd quarter worth approximately $479,000. Finally, Hirtle Callaghan & Co LLC acquired a new stake in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund during the 4th quarter worth approximately $2,933,000.

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

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).