PIMCO Broad U.S. TIPS Index Exchange-Traded Fund Declares Monthly Dividend of $0.20 (NYSEARCA:TIPZ)

PIMCO Broad U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:TIPZ) announced a monthly dividend on Tuesday, December 30th. Investors of record on Wednesday, December 31st will be paid a dividend of 0.20 per share on Monday, January 5th. This represents a c) annualized dividend and a dividend yield of 4.5%. The ex-dividend date is Wednesday, December 31st.

PIMCO Broad U.S. TIPS Index Exchange-Traded Fund Price Performance

Shares of PIMCO Broad U.S. TIPS Index Exchange-Traded Fund stock traded down $0.21 on Wednesday, reaching $53.01. The stock had a trading volume of 1,483 shares, compared to its average volume of 19,933. PIMCO Broad U.S. TIPS Index Exchange-Traded Fund has a fifty-two week low of $51.54 and a fifty-two week high of $54.16. The business’s 50-day moving average price is $53.44 and its two-hundred day moving average price is $53.41.

PIMCO Broad U.S. TIPS Index Exchange-Traded Fund Company Profile

PIMCO Broad U.S. TIPS Index ETF, formerly Pimco Broad U.S. Tips Index Fund, is an exchange-traded fund (ETF). The Fund seeks to achieve its investment objective by investing under normal circumstances at least 80% of its total assets in the component securities (Component Securities) of The BofA Merrill Lynch US Inflation-Linked Treasury Index (the Index). The Index is an unmanaged index comprised of Treasury Inflation Protected Securities (TIPS). The Fund may invest in derivative instruments, such as options, futures contracts or swap agreements.