PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ) Short Interest Down 52.5% in March

PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ) was the recipient of a large decrease in short interest in the month of March. As of March 13th, there was short interest totaling 27,144 shares, a decrease of 52.5% from the February 26th total of 57,100 shares. Based on an average daily volume of 59,819 shares, the short-interest ratio is currently 0.5 days. Approximately 0.3% of the shares of the company are short sold.

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

A number of hedge funds have recently modified their holdings of the company. 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 4th 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. Arbor Investment Advisors LLC raised its stake in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 6.5% in the fourth quarter. Arbor Investment Advisors LLC now owns 94,534 shares of the company’s stock valued at $5,073,000 after purchasing an additional 5,795 shares in the last quarter. KERR FINANCIAL PLANNING Corp bought a new position in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund in the third quarter worth $254,000. Captrust Financial Advisors boosted its stake in 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 in the last quarter. Finally, Arkos Global Advisors acquired a new stake in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund during the third quarter worth $232,000. Institutional investors own 75.17% of the company’s stock.

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

NYSEARCA STPZ traded down $0.08 during midday trading on Thursday, hitting $53.80. The company had a trading volume of 31,489 shares, compared to its average volume of 35,605. The firm has a fifty day simple moving average of $53.96 and a two-hundred day simple moving average of $53.97. PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund has a fifty-two week low of $52.98 and a fifty-two week high of $54.48.

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

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

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

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.