PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ) Hits New 1-Year Low – Should You Sell?

PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZGet Free Report)’s share price hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as $48.16 and last traded at $48.2730, with a volume of 141207 shares traded. The stock had previously closed at $48.64.

PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund Price Performance

The business’s 50-day moving average price is $50.11 and its 200 day moving average price is $51.29.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of LTPZ. Essential Partners LLC grew its position in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 5.1% during the 1st quarter. Essential Partners LLC now owns 7,584 shares of the company’s stock valued at $387,000 after purchasing an additional 371 shares in the last quarter. WFA of San Diego LLC raised its position in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 142.9% in the fourth quarter. WFA of San Diego LLC now owns 680 shares of the company’s stock worth $35,000 after buying an additional 400 shares in the last quarter. Eagle Bay Advisors LLC purchased a new stake in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund in the fourth quarter worth $29,000. Greenline Partners LLC boosted its stake in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 8.0% during the third quarter. Greenline Partners LLC now owns 29,398 shares of the company’s stock valued at $1,566,000 after buying an additional 2,190 shares during the period. Finally, Torren Management LLC boosted its stake in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 6.9% during the first quarter. Torren Management LLC now owns 56,485 shares of the company’s stock valued at $2,882,000 after buying an additional 3,633 shares during the period. 39.71% of the stock is owned by institutional investors.

PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund Company Profile

(Get Free Report)

PIMCO 15+ Year US TIPS Index ETF (the Fund), formerly PIMCO 15+ Year U.S. TIPS Index Fund, is an exchange-traded fund. The investment objective of the Fund is provide total return that closely corresponds to the total return of The BofA Merrill Lynch 15+ Year US Inflation-Linked Treasury Index (the Underlying Index). The Fund seeks to achieve its investment objective by investing at least 80% of its total assets (exclusive of collateral held from securities lending) in the component securities (Component Securities) of the Underlying Index.

Further Reading

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