PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ) Sees Strong Trading Volume

Shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ) saw unusually-high trading volume on Wednesday . Approximately 35,191 shares traded hands during mid-day trading, a decline of 44% from the previous session’s volume of 63,026 shares.The stock last traded at $51.26 and had previously closed at $51.40.

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

The business’s 50 day simple moving average is $51.26 and its two-hundred day simple moving average is $50.86.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. OLD Mission Capital LLC purchased a new stake in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund during the fourth quarter valued at approximately $385,000. Gould Asset Management LLC CA grew its holdings in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 5.2% during the 4th quarter. Gould Asset Management LLC CA now owns 13,030 shares of the company’s stock valued at $666,000 after buying an additional 640 shares in the last quarter. Arbor Investment Advisors LLC increased its position in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 56.6% in the fourth quarter. Arbor Investment Advisors LLC now owns 35,463 shares of the company’s stock worth $1,814,000 after purchasing an additional 12,812 shares during the last quarter. TIAA Trust National Association increased its holdings in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 34.4% in the 4th quarter. TIAA Trust National Association now owns 255,451 shares of the company’s stock worth $13,066,000 after buying an additional 65,327 shares during the last quarter. Finally, Captrust Financial Advisors raised its position in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 380.9% during the second quarter. Captrust Financial Advisors now owns 66,448 shares of the company’s stock valued at $3,342,000 after purchasing an additional 52,632 shares during the period.

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.