PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ) Trading Down 0.2% – What’s Next?

Shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ) were down 0.2% during mid-day trading on Monday . The company traded as low as $53.91 and last traded at $53.94. Approximately 36,784 shares changed hands during trading, an increase of 10% from the average daily volume of 33,500 shares. The stock had previously closed at $54.05.

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

The company’s 50 day moving average is $53.96 and its 200 day moving average is $53.98.

PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Monday, January 5th. Stockholders of record on Wednesday, December 31st were paid a $0.17 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date was Wednesday, December 31st.

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

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. JPMorgan Chase & Co. lifted its holdings in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 134.4% during the second quarter. JPMorgan Chase & Co. now owns 1,847 shares of the company’s stock worth $99,000 after purchasing an additional 1,059 shares during the period. Flow Traders U.S. LLC acquired a new stake in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund in the second quarter valued at $1,417,000. Captrust Financial Advisors increased its holdings in 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 valued at $2,577,000 after purchasing an additional 28,493 shares during the period. TD Private Client Wealth LLC raised its position in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 10.9% during the 3rd quarter. TD Private Client Wealth LLC now owns 17,426 shares of the company’s stock worth $944,000 after purchasing an additional 1,718 shares during the last quarter. Finally, Jones Financial Companies Lllp raised its position in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 44.6% during 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. Institutional investors own 75.17% of the company’s stock.

PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund Company Profile

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.