PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ – Get Free Report) shares saw unusually-strong trading volume on Thursday . Approximately 183,544 shares traded hands during mid-day trading, an increase of 67% from the previous session’s volume of 109,676 shares.The stock last traded at $48.20 and had previously closed at $48.24.
PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund Stock Performance
The company’s 50-day moving average price is $49.97 and its two-hundred day moving average price is $51.22.
Hedge Funds Weigh In On PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund
A number of hedge funds and other institutional investors have recently modified their holdings of LTPZ. Torren Management LLC purchased a new position in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund during the fourth quarter valued at $2,735,000. Ares Financial Consulting LLC lifted its stake in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 19.4% in the 2nd quarter. Ares Financial Consulting LLC now owns 68,277 shares of the company’s stock worth $3,458,000 after acquiring an additional 11,084 shares in the last quarter. Greenline Partners LLC boosted its position in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 8.0% during the 3rd quarter. Greenline Partners LLC now owns 29,398 shares of the company’s stock worth $1,566,000 after acquiring an additional 2,190 shares during the period. Atlas Capital Advisors Inc. acquired a new stake in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund during the 4th quarter worth about $235,000. Finally, WFA of San Diego LLC grew its stake in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 142.9% during the 4th quarter. WFA of San Diego LLC now owns 680 shares of the company’s stock valued at $35,000 after acquiring an additional 400 shares in the last quarter. Institutional investors and hedge funds own 39.71% of the company’s stock.
About PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund
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.
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