PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ) Sees Large Volume Increase – What’s Next?

PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ) saw strong trading volume on Thursday . 311,019 shares were traded during mid-day trading, an increase of 452% from the previous session’s volume of 56,335 shares.The stock last traded at $52.70 and had previously closed at $52.72.

PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund Stock Down 0.0%

The company has a 50-day moving average price of $52.87 and a 200 day moving average price of $53.62.

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

A number of large investors have recently made changes to their positions in STPZ. JPMorgan Chase & Co. increased its position in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 134.4% in the 2nd 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 period. Captrust Financial Advisors lifted its position in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 146.8% during the 2nd quarter. Captrust Financial Advisors now owns 47,898 shares of the company’s stock valued at $2,577,000 after purchasing an additional 28,493 shares during the period. TD Private Client Wealth LLC boosted its stake in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 4.6% in the 4th quarter. TD Private Client Wealth LLC now owns 18,229 shares of the company’s stock valued at $978,000 after purchasing an additional 803 shares during the last quarter. Arbor Investment Advisors LLC grew its holdings in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 2.0% during the 1st quarter. Arbor Investment Advisors LLC now owns 96,423 shares of the company’s stock worth $5,217,000 after acquiring an additional 1,889 shares during the period. Finally, Canandaigua National Bank & Trust Co. bought a new stake in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund during the 2nd quarter valued at $221,000. Institutional investors and hedge funds own 75.17% of the company’s stock.

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.