PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ) Sets New 1-Year Low – Time to Sell?

Shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ) hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $52.79 and last traded at $52.80, with a volume of 196354 shares traded. The stock had previously closed at $53.34.

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

The stock’s 50-day moving average is $53.80 and its two-hundred day moving average is $53.89.

Institutional Trading of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund

A number of hedge funds have recently bought and sold shares of the stock. Arbor Investment Advisors LLC increased its stake in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 2.0% during the 1st quarter. Arbor Investment Advisors LLC now owns 96,423 shares of the company’s stock valued at $5,217,000 after purchasing an additional 1,889 shares in the last quarter. Captrust Financial Advisors lifted its stake in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 1.3% during the third quarter. Captrust Financial Advisors now owns 48,536 shares of the company’s stock worth $2,630,000 after buying an additional 638 shares during the period. TD Private Client Wealth LLC grew its holdings in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 4.6% during the fourth quarter. TD Private Client Wealth LLC now owns 18,229 shares of the company’s stock valued at $978,000 after buying an additional 803 shares during the last quarter. KERR FINANCIAL PLANNING Corp purchased a new stake in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund during the third quarter valued at $254,000. Finally, Arkos Global Advisors purchased a new stake in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund during the third quarter valued at $232,000. Hedge funds and other 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.