PIMCO Broad U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:TIPZ – Get Free Report) saw a large growth in short interest during the month of March. As of March 13th, there was short interest totaling 927 shares, a growth of 539.3% from the February 26th total of 145 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 18,752 shares, the short-interest ratio is presently 0.0 days. Based on an average daily trading volume, of 18,752 shares, the short-interest ratio is presently 0.0 days. Currently, 0.1% of the company’s stock are sold short.
Hedge Funds Weigh In On PIMCO Broad U.S. TIPS Index Exchange-Traded Fund
Hedge funds have recently bought and sold shares of the company. Fairway Wealth LLC increased its holdings in shares of PIMCO Broad U.S. TIPS Index Exchange-Traded Fund by 8.6% in the 4th quarter. Fairway Wealth LLC now owns 6,836 shares of the company’s stock worth $358,000 after purchasing an additional 540 shares in the last quarter. Jones Financial Companies Lllp lifted its holdings in shares of PIMCO Broad U.S. TIPS Index Exchange-Traded Fund by 158.3% during the third quarter. Jones Financial Companies Lllp now owns 2,921 shares of the company’s stock valued at $157,000 after purchasing an additional 1,790 shares in the last quarter. IFP Advisors Inc lifted its holdings in shares of PIMCO Broad U.S. TIPS Index Exchange-Traded Fund by 1,134.0% during the third quarter. IFP Advisors Inc now owns 2,468 shares of the company’s stock valued at $133,000 after purchasing an additional 2,268 shares in the last quarter. JPMorgan Chase & Co. boosted its position in shares of PIMCO Broad U.S. TIPS Index Exchange-Traded Fund by 1,087.7% during the second quarter. JPMorgan Chase & Co. now owns 5,618 shares of the company’s stock valued at $299,000 after buying an additional 5,145 shares during the last quarter. Finally, Flow Traders U.S. LLC purchased a new stake in shares of PIMCO Broad U.S. TIPS Index Exchange-Traded Fund during the third quarter valued at $1,410,000.
PIMCO Broad U.S. TIPS Index Exchange-Traded Fund Stock Down 0.4%
TIPZ stock traded down $0.19 on Tuesday, reaching $52.88. 25,436 shares of the company traded hands, compared to its average volume of 11,895. The firm has a fifty day simple moving average of $53.38 and a 200-day simple moving average of $53.47. PIMCO Broad U.S. TIPS Index Exchange-Traded Fund has a one year low of $51.54 and a one year high of $54.16.
PIMCO Broad U.S. TIPS Index Exchange-Traded Fund Dividend Announcement
About PIMCO Broad U.S. TIPS Index Exchange-Traded Fund
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.
Further Reading
Receive News & Ratings for PIMCO Broad U.S. TIPS Index Exchange-Traded Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PIMCO Broad U.S. TIPS Index Exchange-Traded Fund and related companies with MarketBeat.com's FREE daily email newsletter.
