PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ) Sees Strong Trading Volume – Should You Buy?

PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ – Get Free Report) shares saw an uptick in trading volume on Wednesday. 329,172 shares traded hands during mid-day trading, an increase of 40% from the previous session’s volume of 234,619 shares. The stock last traded at $46.6330 and had previously closed at $46.52.

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

The stock has a 50 day moving average price of $46.85 and a two-hundred day moving average price of $49.05.

Institutional Trading of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund

Institutional investors have recently added to or reduced their stakes in the company. Essential Partners LLC grew its holdings in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 5.1% in the 1st quarter. Essential Partners LLC now owns 7,584 shares of the company’s stock valued at $387,000 after buying an additional 371 shares in the last quarter. Torren Management LLC increased its position in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 6.9% during the 1st quarter. Torren Management LLC now owns 56,485 shares of the company’s stock worth $2,882,000 after buying an additional 3,633 shares during the period. Finally, Ares Financial Consulting LLC increased its position in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 19.4% during the 2nd quarter. Ares Financial Consulting LLC now owns 68,277 shares of the company’s stock worth $3,458,000 after buying an additional 11,084 shares during the period. 39.71% of the stock is currently 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.

See Also

Receive News & Ratings for PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund and related companies with MarketBeat.com's FREE daily email newsletter.