PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ) Short Interest Down 27.2% in February

PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ) saw a large decrease in short interest in the month of February. As of February 27th, there was short interest totaling 55,514 shares, a decrease of 27.2% from the February 12th total of 76,264 shares. Currently, 0.4% of the shares of the company are sold short. Based on an average trading volume of 57,864 shares, the days-to-cover ratio is presently 1.0 days. Based on an average trading volume of 57,864 shares, the days-to-cover ratio is presently 1.0 days. Currently, 0.4% of the shares of the company are sold short.

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

A number of institutional investors have recently modified their holdings of LTPZ. WFA of San Diego LLC lifted its stake in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 142.9% in the 4th quarter. WFA of San Diego LLC now owns 680 shares of the company’s stock worth $35,000 after purchasing an additional 400 shares in the last quarter. Bessemer Group Inc. purchased a new position in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund during the 3rd quarter valued at $27,000. Eagle Bay Advisors LLC bought a new position in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund in the fourth quarter worth $29,000. IFP Advisors Inc raised its position in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 40.0% in the third quarter. IFP Advisors Inc now owns 3,500 shares of the company’s stock worth $186,000 after buying an additional 1,000 shares in the last quarter. Finally, Greenline Partners LLC raised its position in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 8.0% in the third quarter. Greenline Partners LLC now owns 29,398 shares of the company’s stock worth $1,566,000 after buying an additional 2,190 shares in the last quarter. 39.71% of the stock is currently owned by hedge funds and other institutional investors.

PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund Trading Down 0.7%

LTPZ traded down $0.38 during trading hours on Friday, hitting $51.40. The stock had a trading volume of 77,490 shares, compared to its average volume of 72,343. PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund has a 1 year low of $49.04 and a 1 year high of $55.66. The company’s fifty day simple moving average is $52.43 and its 200 day simple moving average is $52.82.

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.