PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ) Stock Price Up 0.3%

PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ)’s stock price shot up 0.3% during mid-day trading on Friday . The stock traded as high as $55.29 and last traded at $55.24. 23,047 shares traded hands during mid-day trading, a decline of 87% from the average session volume of 172,224 shares. The stock had previously closed at $55.08.

PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund Stock Performance

The business has a 50-day moving average of $54.36 and a two-hundred day moving average of $54.66.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Community Bank N.A. bought a new position in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund in the fourth quarter valued at approximately $5,668,000. Aspect Partners LLC bought a new position in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund in the fourth quarter valued at approximately $631,000. Finally, Covestor Ltd raised its stake in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 8.2% in the first quarter. Covestor Ltd now owns 2,575 shares of the company’s stock valued at $143,000 after acquiring an additional 196 shares during the last quarter.

PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund Company Profile

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).