PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ) Short Interest Down 52.5% in March

PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ) was the target of a large decrease in short interest during the month of March. As of March 13th, there was short interest totaling 27,144 shares, a decrease of 52.5% from the February 26th total of 57,100 shares. Based on an average daily volume of 59,819 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.3% of the shares of the stock are short sold.

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

STPZ stock traded down $0.08 during trading on Thursday, hitting $53.80. 31,489 shares of the stock traded hands, compared to its average volume of 35,605. PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund has a one year low of $52.98 and a one year high of $54.48. The company has a 50 day simple moving average of $53.96 and a 200 day simple moving average of $53.97.

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

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of STPZ. Captrust Financial Advisors increased its holdings in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 1.3% during the 3rd quarter. Captrust Financial Advisors now owns 48,536 shares of the company’s stock valued at $2,630,000 after purchasing an additional 638 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 134.4% during the second quarter. JPMorgan Chase & Co. now owns 1,847 shares of the company’s stock worth $99,000 after purchasing an additional 1,059 shares during the last quarter. TD Private Client Wealth LLC grew its holdings in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 4.6% during the fourth quarter. TD Private Client Wealth LLC now owns 18,229 shares of the company’s stock worth $978,000 after purchasing an additional 803 shares during the last quarter. Arbor Investment Advisors LLC increased its stake in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 6.5% in the fourth quarter. Arbor Investment Advisors LLC now owns 94,534 shares of the company’s stock valued at $5,073,000 after buying an additional 5,795 shares in the last quarter. Finally, KERR FINANCIAL PLANNING Corp acquired 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. 75.17% of the stock is owned by institutional investors and hedge funds.

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.