PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ) Short Interest Down 45.8% in April

PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ) was the target of a significant drop in short interest during the month of April. As of April 30th, there was short interest totaling 35,364 shares, a drop of 45.8% from the April 15th total of 65,242 shares. Currently, 0.4% of the shares of the company are sold short. Based on an average daily trading volume, of 80,044 shares, the short-interest ratio is currently 0.4 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Captrust Financial Advisors raised its holdings in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 1.3% in the third quarter. Captrust Financial Advisors now owns 48,536 shares of the company’s stock worth $2,630,000 after buying an additional 638 shares during the last quarter. TD Private Client Wealth LLC raised its holdings in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 4.6% in the fourth quarter. TD Private Client Wealth LLC now owns 18,229 shares of the company’s stock worth $978,000 after buying an additional 803 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of 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. Jones Financial Companies Lllp raised its holdings 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 worth $264,000 after buying an additional 1,505 shares during the last quarter. Finally, Arbor Investment Advisors LLC raised its holdings in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 2.0% in the first quarter. Arbor Investment Advisors LLC now owns 96,423 shares of the company’s stock worth $5,217,000 after buying an additional 1,889 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 Trading Down 0.0%

Shares of NYSEARCA STPZ traded down $0.02 during midday trading on Monday, reaching $54.02. The company had a trading volume of 202,814 shares, compared to its average volume of 49,199. The business’s 50-day simple moving average is $54.18 and its 200 day simple moving average is $53.97. PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund has a 1 year low of $53.25 and a 1 year high of $54.58.

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

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.