PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ) Sets New 12-Month Low – Here’s Why

PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ)’s share price reached a new 52-week low during trading on Monday . The company traded as low as $52.52 and last traded at $52.5270, with a volume of 618 shares. The stock had previously closed at $52.92.

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

The firm has a fifty day moving average price of $53.23 and a 200 day moving average price of $53.76.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Arbor Investment Advisors LLC increased its position in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 2.0% in the 1st quarter. Arbor Investment Advisors LLC now owns 96,423 shares of the company’s stock valued at $5,217,000 after acquiring an additional 1,889 shares in the last quarter. Captrust Financial Advisors raised its stake in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 1.3% in the third quarter. Captrust Financial Advisors now owns 48,536 shares of the company’s stock worth $2,630,000 after acquiring an additional 638 shares during the last quarter. TD Private Client Wealth LLC lifted its position 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 worth $978,000 after purchasing an additional 803 shares in the last quarter. Canandaigua National Bank & Trust Co. acquired a new position in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund during the second quarter worth approximately $221,000. Finally, JPMorgan Chase & Co. lifted its position 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 in the last quarter. Institutional investors and hedge funds 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.