PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ) Shares Down 0.2% – Time to Sell?

PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ)’s stock price traded down 0.2% during mid-day trading on Monday . The company traded as low as $53.91 and last traded at $53.94. 36,784 shares changed hands during trading, an increase of 10% from the average session volume of 33,500 shares. The stock had previously closed at $54.05.

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

The company’s fifty day moving average is $53.96 and its 200-day moving average is $53.97.

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

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

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

Large investors have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its position in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 134.4% in the second quarter. JPMorgan Chase & Co. now owns 1,847 shares of the company’s stock worth $99,000 after buying an additional 1,059 shares during the last quarter. Arkos Global Advisors bought a new position in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund during the third quarter valued at $232,000. KERR FINANCIAL PLANNING Corp purchased a new stake in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund in the third quarter valued at $254,000. Jones Financial Companies Lllp raised its stake in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 44.6% in the third quarter. Jones Financial Companies Lllp now owns 4,881 shares of the company’s stock valued at $264,000 after acquiring an additional 1,505 shares during the period. Finally, TD Private Client Wealth LLC lifted its holdings in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 10.9% in the 3rd quarter. TD Private Client Wealth LLC now owns 17,426 shares of the company’s stock worth $944,000 after acquiring an additional 1,718 shares during the last quarter. Hedge funds and other institutional investors own 75.17% of the company’s stock.

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

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.