PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ) Hits New 12-Month Low – Time to Sell?

PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ – Get Free Report) shares reached a new 52-week low on Tuesday. The company traded as low as $51.74 and last traded at $51.7250, with a volume of 8,059 shares traded. The stock had previously closed at $52.05.

PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund Stock Down 0.1%

The firm has a 50 day moving average price of $52.17 and a 200 day moving average price of $53.24.

Institutional Investors Weigh In On PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund

A number of institutional investors and hedge funds have recently bought and sold shares of STPZ. TIAA Trust National Association lifted its stake in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 3.3% during the 3rd quarter. TIAA Trust National Association now owns 123,734 shares of the company’s stock valued at $6,418,000 after acquiring an additional 3,902 shares in the last quarter. Diversified Trust Co bought a new stake in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund in the 3rd quarter worth $311,000. Finally, Canandaigua National Bank & Trust Co. purchased a new stake in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund in the second quarter valued at about $221,000. 75.17% of the stock is owned by hedge funds and other institutional investors.

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

(Get Free Report)

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.

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